Manipulation of cryptocurrency exchanges.

darewaller

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Quote from: boltz on October 06, 2019, 08:25:19 PM

Nothing new as this happened all the time. Fake volume, fake price, bots and so on, manipulation at its fullest potential.Did you actually believe that exchanges are having that amount of volume per 24 hours ? Think again mate, nothing is what it seems and nothing will change anytime soon as the party won't stop. Be glad that pump and dumps don't happen like they did before or at least it happens in low ranked coins which is the good part.

I know that I have heard of a lot of exchanges manipulating the cryptocurrency market, but I have not really paid attention to them as I don’t think that I am using an exchange that is doing such a thing, the exchange that I am presently using which is binance has very high users that is using their platform on a daily basis, and I really don’t think there should be any reason why they should manipulate prices gain.

They might have done it in the past, maybe when they were first released in order to get some attractions, but now that they have lots of real users, they would not be crazy enough to still continue to engage in this shady activities and I think most of their volume can be very reliable, which is why I believe the data that I see on binance exchange even more than coinmarketcap data.

baiwei

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Many of exchangers now are not good enough to list in as many of those are having fake volume or did not getting a high rate of the coins that project offerings, so many of bounty Hunters and investors are looking for a project that kist the coin in the popular exchangers or on the top exchange to assure they will make profits tru promoting and investing.

hashman

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I have seen an Exchange that manipulates prices on its Exchange, their purpose is only to attract traders to trade there. But they forget that today's traders are no longer stupid, Traders now know how to distinguish between the real prices and fake prices.

So much people lost their money in these kinds of exchanges. They manipulate their prices and let people deposit some fun. People send small mount of coin and make their first try. When it is successful people send more coin for buying something cheaper than market price. And they never can withdraw their fund again. Sen e-mails to customer support and no response.
Never fall this trap. These exchanges are scammers. Always trade at safe exchanges. Binanca, Bitfinex, Bittrex, Coinbase etc. Kraken also alternative.
Also be careful about Okex and Huboi as they are using wash trades and show fake volume.
Safe Trades to everyone.

Bonwin

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Quote from: fosco333 on October 07, 2019, 03:28:40 AM

Many pump and dump groups are manipulating the price on some exchanges by giving signal to buy or sell.
But the manipulation occurred usually only temporary before it goes back to normal price.
I think some peoples who have a big amount of coins can manipulate the price too, the whales.

That is just one of the ways in which manipulation occur. Exchanges themselves do manipulate. Do you know that there are so many exchanges with fake volume? So, in order to keep up with that, they manipulate prices of coins listed on their sites. Most of them make use of bots and some points, some are done manually.

herurist

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Quote from: Ailmand on October 07, 2019, 05:06:20 AM

Quote from: 4rzun4 on July 04, 2019, 06:52:24 AM

After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.

Almost all crypto exchange manipulate their volume and even has bots to make their volume high for marketing purposes. The higher their volume is the higher the potential that traders will be using their platform and many coins would choose to pay their platfrom to get listed. This is not a new issue, I am wondering why you have been here in this forum for a long time and it seems it is the first time you have heard or even noticed it.

If all the price manipulation exchanges are then what about the other big top exchanges such as Binance, Huobi, gate.io Kucoin whether the exchange has a volume bot as well, I can't understand if the exchange is manipulating the volume.

Impaler

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I read a article about that. Most of the exchange which is available in the market they try to manipulate their volume. And also some of the coin do it personally. And also their is lots of treading not which manipulate many coins price and volume too.

Ailmand

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Quote from: 4rzun4 on July 04, 2019, 06:52:24 AM

After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.

Almost all crypto exchange manipulate their volume and even has bots to make their volume high for marketing purposes. The higher their volume is the higher the potential that traders will be using their platform and many coins would choose to pay their platfrom to get listed. This is not a new issue, I am wondering why you have been here in this forum for a long time and it seems it is the first time you have heard or even noticed it.

Aabcde

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I think almost all exchanges have done fake volumes. Not only in crypto, in forex or binary trade too. Maybe this way they can attract traders to buy these coins or to gain massive traders to join the exchange. But on the other hand, this is like a crime because it has deceived traders. Yes, even if the choice is in each hand, it's still a crime.

beliomir

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The market is still very small and there are practically no volumes, people with big money can easily manage small cryptocurrencies.

Arsenyo

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Market manipulation is an integral part of most of the exchanges. I've read in one article that the most notable manipulations were is OKEx, which is found to manipulate the trading volume of all of their top 30 traded token pairs. Price manipulation is real, and there is nothing we can do about it.

zabir.brutov

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Trading is manipulated almost on every exchange. They are creating trading robots and if you see a bunch of buy orders with a total sum of 20 tokens, it is clear that somebody is manipulating the price. For example 50 orders, for 0,01 tokens each in a price range from 0,0001 to 0,1 USD.

Btcvilla

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I not manipulation of exchange cryptocurrency, but I ever get with coin have higher different price between sell and buy order, I found sell order more higher than buy order but is not manipulation or cryptocurrency exchange market, just waiting how much price do you want to sell or how much do you want to buy.

hashman

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Quote from: Turkish88 on July 22, 2019, 01:45:34 AM

One more manupulation is wash trading.
This is making fake volumes for some coins. Bot trading in circle "buy sell buy sell"
In regulated exchanges its restrickted.

Wash trading is the way exchanges scam users. Last week there was report about exchanges using wash trading and create fake volume.
According to the report there were two well known exchanges, Okex and Huboi.
More than 60% of volume at Huobi and more than 90% of volume at Okex reported as fake volume.
Okex CEO claimed that they can prove at least 10% of their volume is real at twitter.
All exchanges must be regulated and must be easily reachable buy users.

fosco333

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Many pump and dump groups are manipulating the price on some exchanges by giving signal to buy or sell.
But the manipulation occurred usually only temporary before it goes back to normal price.
I think some peoples who have a big amount of coins can manipulate the price too, the whales.

boltz

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Nothing new as this happened all the time. Fake volume, fake price, bots and so on, manipulation at its fullest potential.Did you actually believe that exchanges are having that amount of volume per 24 hours ? Think again mate, nothing is what it seems and nothing will change anytime soon as the party won't stop. Be glad that pump and dumps don't happen like they did before or at least it happens in low ranked coins which is the good part.

lab rat hoax

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Quote from: 4rzun4 on July 04, 2019, 06:52:24 AM

After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.

We have all witnessed this recently. For example, by removing binary pairs such as binance dent / btc npxs / btc, it has dealt a major blow to these coins. Both coins decreased by more than 30% and their volumes were almost zero. I think the only reason they do this is to manipulate a quality project, especially dent. Because there was no other reason why dent would fall so much

nelson4lov

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Quote from: magicrypto on July 22, 2019, 02:13:25 AM

Of course most of them are manipulating with prices, thats actually how their job:) Exchanges is like the engine of the market, they move the market. They own and process big capitals and of course they speculate with cryptocurrencies, how u think they earn the money, only on fees and comissions?) Its normal working process..

Just so you know exchanges are independent of this. If there's any manipulation on these exchanges, It's the users that are doing it. That's why It is much more easier to manipulate prices on smaller exchanges as the volumes are tiny. It's on those kinda exchanges you see coin/token doing a 1000% move in less than 24hours. On bigger exchanges, It can be manipulated but It's not easy and would require more funds.

retnoanjani

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Quote from: odukoyaewatomi27 on October 06, 2019, 04:48:44 PM

The manipulation of the Market has been an integral part of almost all Cryptos exchanges. The fact of the matter is only that a few exchanges are all the more reasonable when it come to value manipulation. Exchanges have been blamed for phony volume before and some of them are still really marching phony volume and in genuine sense controlling the market. I don't there is any exit from manipulation yet rather crypto market will prop up toward that path

yes, this is a public secret. Moreover, many shit exchanges falsify all their activities. As you mentioned, there is a fake volume. In my experience, in some less good exchanges, the price difference in the order book is quite large, when placing prices at the highest limit, the list always sold below, I think this is also a bot game, only used to make it look to trade.

odukoyaewatomi27

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The manipulation of the Market has been an integral part of almost all Cryptos exchanges. The fact of the matter is only that a few exchanges are all the more reasonable when it come to value manipulation. Exchanges have been blamed for phony volume before and some of them are still really marching phony volume and in genuine sense controlling the market. I don't there is any exit from manipulation yet rather crypto market will prop up toward that path

uniquark

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Quote from: meldrio1 on July 08, 2019, 08:00:56 AM

well I never seen manipulation of cryptocurrency, but I believe they can manipulate it like the fake volume or pumps and dumps by the group of big whales.

Manipulating the price makes it constant pump is an manipulation. Similar to what Matic did when it was 18 times higher than the IEO price since it was listed on exchange

Topic: Manipulation of cryptocurrency exchanges. (Read 1709 times)