Research: 70% of crypters are fake in undocumented exchange areas

If you need another reason to be careful of the changing world of Cryptocurrency trading, a new study is designed to mislead 70% of all transactions in unregulated exchanges. This can increase the price of a cryptist.

News, a researcher conducted by researchers in Cornell and Tsinghua University last month, was published last month by the National Bureau of Economic Research. Researchers used the statistical analysis to learn Cryptocurrence trading in three regulated stock and 26 unregulated stock exchanges. Traders bought and sold digital currencies as a homeowner for Bitcoin, Ripple and less known coins and verses. The study did not call individual exchange.

Researchers determined that the regulated exchange will be released from the washing businessmen and rampant in the regulation of fake trade. (Researchers were “Bitligenci” and “Bitligenci” and “unregulated” of the New York Province were not “regulated” and “unregulated.”

The results of the analysis, in many cases, buyers and vendors in unnamed exchanges operations were the same person or organization trying to act in fact for trading volume and therefore a brand awareness. This in turn, traders can do the value of a certain currency because it jumped in the band and placed in legal trade.

The study stressed the risks of trade in unregulated cryprential exchanges and came to the heels of the collapse and heels, this was a high-quality high-time exchange.