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yap, what's strange is if you check like ETH/BTC pair... they claim to have tons of volume

Wow, there is absolutely no way an unknown exchange like that has that much ETH/BTC volume. Really shady.

https://coinmarketcap.com/exchanges/livecoin/ is there a way to actually verify an exchange's volume? or do they just feed data to coinmarketcap via API?

I think they just feed through API, I misread the volume though. It's in ETH not in BTC. But even then it's still wierdly high.