Tags:Cryptomoney Exchange, Factor Analysis and Multiple Regression Method
Abstract:
The crypto money exchange, which differs from the known stock exchanges but has similar sides, is a platform that can be bought and sold crypto money. There is a different working system than other stock exchanges, especially because of the absence of an intermediary institution. Along with this, different kinds of views has been put forward in effects on crypto money exchange. Derived from this reviews, this study has been emerged. The main purpose of this study is to find out which factors are affected by the volume of crypto money exchanges and to discover which factors should be considered when a choice is made in this direction. Visitors, Pairs, BTC, Twitter Followers, Liquidity, Scale, Withdrawal, Coin Number, ETH, Fees, Alexa Order, API Coverage and Regularity Comp. has been selected as candidate effects. Multiple Regression has been utilized for understanding the relationship with the scale of Cryptomoney exchange. As a result, the course of the currency directly related with the topic of Visitors, BTC and Liquidity. According to the situation of the real life, it is clear that manipulators and big investors will play too much about the general trend of the stock exchanges.