The cold current of the bear market finally blows to the head of the exchange.
By the way, after the 2018, the bear market continued to last for more than half a year.
In the past six months, we have witnessed many digital coins from the peak to the rush, breaking, or even returning to zero.

Now, this cold snap has also found a currency exchange that claims to be “stable and not paying”.
Just a few days ago, the Blockchain Transparency Institute BTI released a report saying that at least seven of the top 10 cryptocurrency exchanges in the world currently have problems in brushing transactions, and these exchanges are suspected of trading costs. The announced transaction amount is equivalent to 12–100 times of the actual transaction amount, of which the ZB exchange’s transaction volume may be 390 times, and the Lbank exchange’s water injection is 4400 times!
Not only that, but BTI also clarified the cruel fact that most of the current top trading houses are actually brushing up, so that the performance data becomes better.
Why do you do this? Still not because of the bear market!
I still remember that at the end of last year and the bear market at the beginning of this year, major exchanges can be described as infinite. According to reports, the 24-hour turnover of the currency circle once exceeded 70 billion US dollars, of which only the daily turnover of the currency is as high as 50 billion yuan, and the currency security once created a record of 24 billion turnover of 56 billion yuan. .
In contrast, the daily turnover of the Shenzhen Stock Exchange is only RMB 80 billion.

On the other hand, driven by the blessing effect, a large number of exchanges have sprung up. According to a survey report, there are currently only 1,500 digital tokens circulating in the currency circle, but there are as many as 10,000 exchanges!
When Nai passed the move, as the overall currency of the currency circle entered the bear market, even the once-in-a-day currency can only fall to the altar. According to the non-small statistics of the currency data statistics website, the daily turnover of the currency security is about 8 billion yuan, which is more than 80% of the peak period.
In the face of the current downturn, the currency security is not without countermeasures. For example, the currency security is actively preparing for the transformation of the centralized exchange, and for example, the currency security begins to invest in blockchain-related investments through Binance Labs to expand its business coverage, and even When the currency circle once again encountered a strong regulatory storm, the currency security chief Zhao Changpeng also personally appeared in the media security media group to comfort the fans: “The impact is certain, the short-term market is impossible to predict, the industry will not disappear in the long run. It will only get bigger.”

This is the case at the top of the food chain like the currency security, and the situation of other second and third tier exchanges is even better.
At the end of June this year, there was a Froin, the exchange that dominated the “transaction mining”. Its trading volume in the heyday was once the sum of the top seven exchanges in the currency circle, and triggered many exchanges to follow suit. FCoin failed to effectively solve the problem of platform currency inflation, and the practice of changing the rules of the exchange three times and five times caused many users to complain. These factors made the rise of FCoin a short-lived one. At the end of August, the outside world began to rumor that FCoin was suspected of running, and from the FCoin official website began to shield the mainland IP and FCoin official powerless argument, this rumor is not without any evidence.
Someone once said: “When the tides recede, we can see who is swimming naked.” With the continuation of the currency market and the strengthening of external supervision, the more and more exchanges in the past have begun to look no longer.
If the bear market in the first half of this year cleans up most of the air currency projects, then the next big-scale death is naturally the one that has to be rainy and rainy in the past.
For the exchange, the cold winter created by the bear market may have just begun.
Tell me what you think!
