TradingView
BTC_JackSparrow
Mar 23, 2019 1:26 PM

Bitwise Spot Volume Index (@BTC_JackSparrow) [v2019-03-23] 

Bitcoin / U.S. dollarBitstamp

Description

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!

Release Notes

- Removed Binance BTCUSDS ticker since it is no longer supported
Comments
mark124
Script broken, returns an error from binance. "RESOLVE ERROR BINANCE
fisicomin
@mark124, +1 (me too)
mark124
@fisicomin, @BTC_JackSparrow Unfortunately this what happens to closed sourced scripts.

Something breaks, author has no time and it's gone.

If author has no time to fix then he should open source it
nelisseos
thanks for this...it's been interesting to find the correct spot volume
RMNVtrade
Nice, bro! Will make post about it with link to your idea
BTC_JackSparrow
@Romanov_Trade, that would be awesome! Cheers :)
syrinxflunki
Good work sir!
BTC_JackSparrow
@syrinxflunki, You're welcome!
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