What exchange has the highest volume of bitcoin trading?
Osborn Cryptocurrency and bitcoin exchanges let their users know about the trading volumes available on their platforms. The higher trading volumes available on a given exchange, the more trusted a bitcoin exchange is on the market. If you are looking for a trading larger amounts of bitcoins, you should definitely consider those exchanges where high trading volumes are experienced.
Using Volume in Trading
Trading volume statistics give a good indication to the traders about the liquidity on a market during a given period of time. It can be used as a helpful
indicator as well during trading for reading the market. Most of the bitcoin exchanges publish volume statistics about the trading pairs that they offer to their customers. Both the BTC vs USD and the BTC against other cryptocurrency prices can give a useful idea about the market state at a given point in time.
High trading volumes can mean capital in and outflow from a market. Larger amount of trading volume on a given market is always an indicator of the sentiment about the assets traded. If the prices are increasing with large volumes it means capital inflows to the market. At the same time, a large fall in price together with large trading volumes shows the money is fleeing from the market. These phenomenons can be experienced both on the traditional asset markets and on the cryptocurrency markets as well. Volume is typically displayed along the bottom of a stock price chart. The amount of volume is depicted in vertical bars, with the bar showing how many shares or amount of cryptocurrencies have exchanged hands over a particular time period.
High Trading Volumes on Bitcoin Exchanges
If you are looking for exchanging larger amount of bitcoin checking the trading volumes is crucial. The higher the trading volume on a given bitcoin exchange means the more user think the exchange is trustworthy enough to send money to the platform. But be careful – the volume statistics can be easily manipulated. Make sure you check the trading volumes on separate sources, do not rely solely on the data provided by a given bitcoin exchange. For example, exchanger24 supplies information about the daily trading volumes you can bitcoin to paypal
and other currency/cryptocurrency trading pairs. It worth spending some time on this page to verify the trading volumes provided by exchanges.