◈   real vs reported volume · 30-day median

Where to trade VIRTUAL

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

Soli's reading
Binance runs the cleanest VIRTUAL tape — 87% honest on $41.0M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
87% honest
$41.0Mreal / $46.9M claimed
Trade on Binance →
#2
OKX
OKX
spot + futures · 4 pairs
92% honest
$12.0Mreal / $13.1M claimed
Trade on OKX →
#3
Bitget
Bitget
futures · 1 pairs
86% honest
$6.2Mreal / $7.2M claimed
Trade on Bitget →
#4
Bybit
Bybit
spot · 2 pairs
87% honest
$1.8Mreal / $2.1M claimed
Trade on Bybit →
#5
Coinbase
Coinbase
spot · 1 pairs
70% honest
$289kreal / $413k claimed
Trade on Coinbase →
◈ how we score it

Honesty = estimated real volume ÷ reported volume for VIRTUAL 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 VIRTUAL → · how to sell VIRTUAL → · full venue ranking → · compare two venues →