FermiDiracDist

The article discusses the limitations of using raw exchange volume as a metric to evaluate exchanges, suggesting that it is noisy and should be considered alongside other factors such as liquidity and depth. Exchange rankings can still be useful as a starting point, but should not replace due diligence. The author proposes a more nuanced approach to evaluating exchanges.

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The article discusses the limitations of using raw exchange volume as a metric to evaluate exchanges, highlighting the importance of considering other factors such as liquidity and depth. The author suggests a more comprehensive approach to evaluating exchanges, including checking rankings, liquidity, and order books. This approach can help identify potential issues with an exchange before using it.