PROTECTED SOURCE SCRIPT
Bitwise Spot Volume Index (@BTC_JackSparrow) [v2019-03-23]
Updated
Following Bitwise's research on the legitimacy of volume on spot exchanges, they reported 95% of the Bitcoin market volume is fake.
According to the report 10 exchanges showed trustworthy regulated spot volume. Having accurate reporting of volume is important and therefore I have made this indicator that combines all 23 pairs listed on the exchanges mentioned by Bitwise that are available on TradingView.
The volume listed in this indicator could be used as a reference for true volume and therefore is an important addition to your trading toolkit and should more or less represent the data found on this page, released by Bitwise: bitcointradevolume.com/
If you like this, give me a follow on TradingView and Twitter (BTC_JackSparrow : twitter.com/BTC_JackSparrow).
NOTE: as this indicator needs to pull a lot of data, it might take a moment to load!
How To Read?!
Volume is printed as the sum of all Bitcoins traded on the listed exchanges.
Trade safely!
According to the report 10 exchanges showed trustworthy regulated spot volume. Having accurate reporting of volume is important and therefore I have made this indicator that combines all 23 pairs listed on the exchanges mentioned by Bitwise that are available on TradingView.
The volume listed in this indicator could be used as a reference for true volume and therefore is an important addition to your trading toolkit and should more or less represent the data found on this page, released by Bitwise: bitcointradevolume.com/
If you like this, give me a follow on TradingView and Twitter (BTC_JackSparrow : twitter.com/BTC_JackSparrow).
NOTE: as this indicator needs to pull a lot of data, it might take a moment to load!
How To Read?!
Volume is printed as the sum of all Bitcoins traded on the listed exchanges.
Trade safely!
Release Notes
- Removed Binance BTCUSDS ticker since it is no longer supportedProtected script
This script is published closed-source and you may privately use it freely.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.