CoinMarketCap, a leading crypto chart website has announced that most of the crypto exchanges listed on the website have complied with its new initiative of delivering transparency to the crypto market.
According to CMC, its Data Accountability and Transparency Alliance is tailored towards the consumers themselves and provides clear indications on how the exchanges handle their business modules and how the trading volumes actually look like on a day-to-day basis.
The declassified information will provide traders yet another tool to predict price movements going forward. It was not only a move to improve the market quality, but also to garner much more attention from the investors.
The website requested specific information from the listed companies starting May 1st. According to the website, a little more than 70% of all listed entities have complied with the “regulation” and provided relative data to be displayed on the platform. Read More at Cryptopolitan...