◈   real vs reported volume · 30-day median

Where to trade BTC

Same coin, different tapes. We rank the venues that list BTC by how much of their reported volume is actually real — so you trade where the book isn't faked.

Soli's reading
OKX runs the cleanest BTC tape — 67% honest on $243.07B real volume. Trust the prints.
#1
OKX
OKX
spot + futures · 19 pairs
67% honest
$243.07Breal / $360.39B claimed
Trade on OKX →
#2
Binance
Binance
spot + futures · 5 pairs
58% honest
$8.54Breal / $14.60B claimed
Trade on Binance →
#3
Bybit
Bybit
spot + futures · 16 pairs
66% honest
$3.20Breal / $4.87B claimed
Trade on Bybit →
#4
Bitget
Bitget
futures · 1 pairs
90% honest
$2.98Breal / $3.31B claimed
Trade on Bitget →
#5
Coinbase
Coinbase
spot · 2 pairs
99% honest
$473.1Mreal / $478.8M claimed
Trade on Coinbase →
◈ how we score it

Honesty = estimated real volume ÷ reported volume for BTC on each venue, from five trade-tape fingerprints (timing, Benford, self-trade pairing, price-impact, size entropy). Pick the venue with the deepest real book, not the loudest reported number. How to buy BTC → · how to sell BTC → · full venue ranking → · compare two venues →