Excerpt from the YouTube video 'Bitcoin Trading: Algorithms vs. Manual' in which the speaker says they run their trading algorithms on Bybit, notes Binance likely has the highest volume while Bybit is a close second, and explains that top exchanges' data closely mirror each other so using either gives a similar picture of liquidity.
Any reason why BYBIT versus the binance data when you do your liquidity? That's a. That's a good question. We run our algorithms on bybit. Binance is probably the highest volume exchange, and then BYBIT is probably going to be a close second. But what tends to happen is when you look at the leaders, then they're going to all mirror the same data. It's very, very close. So if you just look at one of those two, you're going to have a good picture. It's one in the same. So. Good point to catch that. Yep.
