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[Riberet19]

Recently Forbes took out a report where it stated that more than half of the trades made in bitcoin were false and that they were being made by exchanges and a large list of them many of them quite well known where you can see how these actors manipulate the market and without being regulated, in the following image you can see what is the percentage of fake trades that ensures forbes according to their analysis are carried out by exchanges

The number indicates the percentage of fake trades that are made in the exchanges every day, if you have money in any of the exchanges with the highest volume of fake trades be careful

 

[makanaki]

That's why I say that a single user, especially a beginner, especially in the Forex market, has nothing to do. Even knowledge of any strategies and tactics of trading will not help him to get a good profit.

It's important for beginners to understand that trading in the Forex market is a complex and challenging endeavor. It requires a deep understanding of the markets and a great deal of practice and experience to develop the necessary skills and strategies to be successful. Even with knowledge of trading strategies and tactics, it can be difficult for an individual trader to generate consistent profits in the markets. Additionally, without the resources and expertise of a team, an individual trader is at a disadvantage in terms of accessing information and analyzing trends.

 

[BullyMaguire]

woaah is this for real? im using mexc global and coinex but wow.. those are insane amount of percentage of allegedly fake trades.. if this is true it can be considered a manipulation within their premises. i assume no exchange on the list has given any statement regarding this? but on the other hand how did they even got these datas

 

[Margery]

It's important for beginners to understand that trading in the Forex market is a complex and challenging endeavor. It requires a deep understanding of the markets and a great deal of practice and experience to develop the necessary skills and strategies to be successful. Even with knowledge of trading strategies and tactics, it can be difficult for an individual trader to generate consistent profits in the markets. Additionally, without the resources and expertise of a team, an individual trader is at a disadvantage in terms of accessing information and analyzing trends.

Maybe they understand, maybe they don't. Most often, a person sees someone else's profit and, regardless of the risks, goes to trade on the market. He installed a terminal for himself, played on a demo account, got a virtual profit and go! That's how it usually happens. He doesn't care what he should do: analyze, watch, understand the risks! He just wants to make money no matter what!

 

[Wisdom01]

Manipulation of the market is a serious issue, and it's important for investors to be aware of the potential for manipulation by whales or other market participants. The exchanges themselves can also be manipulated by placing large orders on the books, or by using strategies such as 'spoofing', which involves placing large orders that are quickly cancelled. traders should be aware of the potential for market makers to create artificial volume and price movements.

The problem of manipulation is that the trader could easily make huge amount of loss and others ,that's why a trader should be careful on how they trade ,so they are actually not going to be losing a lot due to manipulation

 

[makanaki]

The problem of manipulation is that the trader could easily make huge amount of loss and others ,that's why a trader should be careful on how they trade ,so they are actually not going to be losing a lot due to manipulation

Exchanges can be manipulated by placing large orders on the books, or by using strategies such as spoofing, which involves placing large orders that are quickly cancelled. traders should be aware of the potential for market makers to create artificial volume and price movements, which can be used to manipulate the market to their advantage. To protect themselves from potential market manipulation, traders should take steps such as avoiding trading during times of high volatility, monitoring the market for suspicious activity, and using trading strategies that minimize their exposure to market manipulation

 

[Wisdom01]

Exchanges can be manipulated by placing large orders on the books, or by using strategies such as spoofing, which involves placing large orders that are quickly cancelled. traders should be aware of the potential for market makers to create artificial volume and price movements, which can be used to manipulate the market to their advantage. To protect themselves from potential market manipulation, traders should take steps such as avoiding trading during times of high volatility, monitoring the market for suspicious activity, and using trading strategies that minimize their exposure to market manipulation

yeah true ,I think those market markers does this on purpose just so the person would actually hit the point of liquidation and lose all his or her asset ,if he is actually using high leverage ,it's really terrible and that's why the trader must learn how to take adequate precautions when trading ,it's really good to note that

 

[Margery]

yeah true ,I think those market markers does this on purpose just so the person would actually hit the point of liquidation and lose all his or her asset ,if he is actually using high leverage ,it's really terrible and that's why the trader must learn how to take adequate precautions when trading ,it's really good to note that

I think it's hard enough to resist when the market plays against you in the face of an experienced team of traders. When you put your money on hanging, and on the contrary, they go in the opposite direction with a completely different purpose. Therefore, it is better to play together with the team.

 

[Riberet19]

Exchanges can be manipulated by placing large orders on the books, or by using strategies such as spoofing, which involves placing large orders that are quickly cancelled. traders should be aware of the potential for market makers to create artificial volume and price movements, which can be used to manipulate the market to their advantage. To protect themselves from potential market manipulation, traders should take steps such as avoiding trading during times of high volatility, monitoring the market for suspicious activity, and using trading strategies that minimize their exposure to market manipulation

The bad thing is that when you send operations in spot they are really valid or can become so, but the problem is that they usually do it in futures to liquidate people and create false volume, that is why the exchanges that you see listed with 0% of fake volume are all exchanges that are outside the US because the regulation does not allow them to operate with futures there, for example if you look at Binance USA which has a false 0% volume, and then there is Binance with a false 45% volume, that is, the international binance that operates for all customers outside the US.

 

[makanaki]

The bad thing is that when you send operations in spot they are really valid or can become so, but the problem is that they usually do it in futures to liquidate people and create false volume, that is why the exchanges that you see listed with 0% of fake volume are all exchanges that are outside the US because the regulation does not allow them to operate with futures there, for example if you look at Binance USA which has a false 0% volume, and then there is Binance with a false 45% volume, that is, the international binance that operates for all customers outside the US.

It's true that some exchanges use futures contracts to manipulate volume and liquidate customers, and it is also true that some exchanges are only available outside of the US due to the stricter regulations in the US

 

[btaliat]

I really like Kraken for two reasons apart from good security, one is that it has been active since 2011 being one of the oldest exchanges for not the most and another is that it is having a strong regulation and is doing with a bank license in the US territory of Wyoming.

I need to check the trading platform our as well. Does it has some tokens for trading on it. That's the only thing that makes me detest Binance sometimes, I don't really know why it does take time to allow tokens being traded on it.

 

[Riberet19]

I need to check the trading platform our as well. Does it has some tokens for trading on it. That's the only thing that makes me detest Binance sometimes, I don't really know why it does take time to allow tokens being traded on it.

Yes, it does have tokens to buy, it also has quite decent commissions if you want, you can ask me for a specific token and I'll look to see if they have it, it also has many currencies to stake, you can also earn money by staking fiat currency there, both euro and dollar.

 

[btaliat]

Yes, it does have tokens to buy, it also has quite decent commissions if you want, you can ask me for a specific token and I'll look to see if they have it, it also has many currencies to stake, you can also earn money by staking fiat currency there, both euro and dollar.

Help me check Haya, Wikicat and Little Rabbit. I am working closely on those coins but I don't really like CoinTigers, the trading platform that I am using with it, and they are not on Binance for now. Check them for me.

 

[Riberet19]

Help me check Haya, Wikicat and Little Rabbit. I am working closely on those coins but I don't really like CoinTigers, the trading platform that I am using with it, and they are not on Binance for now. Check them for me.

No, it seems that Kraken does not support these tokens because they surely have very little capitalization, I did not find a way to buy them there, surely they are not, if you have any doubts about any more, but I think that kraken in general supports quite consolidated tokens.

 

[jetsaints30]

Wow, thats quite surprising to hear that over half of bitcoin trades are fake. Its concerning to think about how these exchanges are manipulating the market without proper regulation.

 

[a_jerobon]

Yes, I think whale investments are crucial in the cryptocurrency market. And to some extent, I think that they communicate with each other so that the market moves in a certain direction. As the saying goes, money is everything. And let someone try to prove otherwise. Just because we don't know something doesn't mean it doesn't exist.

That is true. This is something I have thought about before too. You will always wonder why the bumps and dumps happen so simultaneously. It is like the whales discuss between each other then make it happen.

 

[Mar20]

It is not accurate to state that Forbes has claimed that "more than half of bitcoin trades are fake." While there have been concerns about market manipulation and fake trading volume in the cryptocurrency market, there is no credible evidence to support the claim that "more than half of bitcoin trades are fake."
In fact, market manipulation and fake trading volume can be a challenge for any financial market, not just the cryptocurrency market. Regulators and exchanges are taking steps to address these issues, such as implementing anti-money laundering (AML) and know-your-customer (KYC) regulations, and using tools to detect and prevent market manipulation.
It's important to do your own research and understand the risks involved in any financial market, including the cryptocurrency market, before investing any money. It's also a good idea to rely on credible sources and reputable exchanges to access information and execute trades.

 

[Riberet19]

It is not accurate to state that Forbes has claimed that "more than half of bitcoin trades are fake." While there have been concerns about market manipulation and fake trading volume in the cryptocurrency market, there is no credible evidence to support the claim that "more than half of bitcoin trades are fake."
In fact, market manipulation and fake trading volume can be a challenge for any financial market, not just the cryptocurrency market. Regulators and exchanges are taking steps to address these issues, such as implementing anti-money laundering (AML) and know-your-customer (KYC) regulations, and using tools to detect and prevent market manipulation.
It's important to do your own research and understand the risks involved in any financial market, including the cryptocurrency market, before investing any money. It's also a good idea to rely on credible sources and reputable exchanges to access information and execute trades.

Have you read the article? It is an article written by Forbes on their website, it is not taken out of their sleeve, they said it and it is through the futures market where it is easy to manipulate the market with false transactions, all the exchanges that Forbes gives false volume come from exchanges unregulated and outside the United States, you say that you have to look for accredited and regulated exchanges where you can operate and this information just gives a glimpse of which are those legal exchanges where there is no false volume, and it is just those that are well regulated.

 

[Margery]

These can only be exchanges with the passage of KYC. There are more and more of them, they are completely regulated by governments. By the way, I'm not mistaken, Binance, which operates on the US market, does not have fake transactions.
Yes, and it is very dangerous to work with some stock exchanges after many have left.

 

[Riberet19]

These can only be exchanges with the passage of KYC. There are more and more of them, they are completely regulated by governments. By the way, I'm not mistaken, Binance, which operates on the US market, does not have fake transactions.
Yes, and it is very dangerous to work with some stock exchanges after many have left.

Exactly, that is the Binance that works in the United States, if you look later there is Binance Global, which is the one in the rest of the world without strong regulation that does have false transactions, surely from the futures market.

 

[Margery]

Exactly, that is the Binance that works in the United States, if you look later there is Binance Global, which is the one in the rest of the world without strong regulation that does have false transactions, surely from the futures market.

Everything is correct, as it should be. You can't throw dirt in the metropolis! You can pay well for it.
And for this, in the backyard you can do whatever you want with any assets. I think that's how it works.