Trying to Sell LEDU on Dcoin!! Fake Volume?

Script3d

hero member

Activity: 1232

Merit: 503

Quote from: 50 Cent on August 08, 2020, 04:53:29 PM

Bot, bot and bot...
Oh shit,
I was quite worried when trading my assets in the "ghost market".
first, worry if i can't wd my money,
second about vulnerable security,
the third is about "bot" trading to increase fake volume. and other things that in my opinion are not profitable.
I better trade my assets in markets like Binance, Kucoin, OKEX, it is safer.
How about you?

Those exchange that you just mention are more susceptible to hacks, that doesn't mean their security isn't good it's just more money for hackers if they successfully hacked into their systems.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Fatemablabla on July 19, 2020, 03:58:14 PM

I have 15000 LEDU token to sell.

What are LEDU tokens used for? Why would people need to buy them? If they have no use case then they are worth nothing and no one will buy them. Except people that will be scammed and will fall on a hype.

royalfestus

hero member

Activity: 2408

Merit: 516

I hope you got your tokens by bounty and not purchased, irrespective of how free or cheap a coin gets to you, exchange listed should be considered. Immediately I saw dcoin as the only exchange the coin lost its value. There are alot of terrible exchanges now, they got no good coins, list some coin unofficially and try to attract traders with some fake volume and wash trading. Some will even hold on to your coin if moved there

50 Cent

full member

Activity: 519

Merit: 197

Bot, bot and bot...
Oh shit,
I was quite worried when trading my assets in the "ghost market".
first, worry if i can't wd my money,
second about vulnerable security,
the third is about "bot" trading to increase fake volume. and other things that in my opinion are not profitable.
I better trade my assets in markets like Binance, Kucoin, OKEX, it is safer.
How about you?

jrrsparkles

sr. member

Activity: 2380

Merit: 251

Eloncoin.org - Mars, here we come!

Quote from: the_thing on August 08, 2020, 02:51:58 AM

Guys from LEDU team already scammed Murat the bounty manager who was managing the campaign for them. So, I guess for now be bit careful trading LEDU.

https://bitcointalksearch.org/topic/m.54897453

Atleast the campaign manger dare to announce it publicly so people will no more advertise their scam projects.He said tokens will be issued which means the token is already listed on different exchange or on the only exchange mentioned by OP?

Jackl87

sr. member

Activity: 1722

Merit: 269

Yeah Dcoin is one of the exchanges that is trying to improve their rating/visibility with fake volume.
Another Exchange that does that which i haven't read in this thread yet is Citex.
Almost everyday at the same time the fake trade happen and the volume rises like crazy, but when you look at the order books, then they very thin.

totoy4741

member

Activity: 882

Merit: 13

Quote from: coupable on July 19, 2020, 06:37:26 PM

Quote from: Denongels on July 19, 2020, 05:15:33 PM

Yes DCoin is completely Fake Volume, last year I also experienced the same thing when selling bounty token, but fortunately after I let sell orders up to 2 days the tokens can sold, based on Coingecko LEDU has a low trust score, so I suggest you seem to wait or maybe withdraw your LEDU until there is an exchange other than DCoin

It's not just about DCoin. LEDU coin itself is a poor token that most probably being a scam if it can only reach this DCoin fake exchange and having no volume at all in Mercatox. The chart in Coingecko shows the history of just the last two days, is it a new token?

Yeah, LEDU is probably is a scam project, I saw in LEDU bounty that it is tag by BM itself as scam, plus it being listed in a shitty exchange like DCoin so expect some malicious activtiies going around it. But to be sure try contacting the support in order to clarrify the issue.

the_thing

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Activity: 546

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Proof-of-Stake Blockchain Network

Guys from LEDU team already scammed Murat the bounty manager who was managing the campaign for them. So, I guess for now be bit careful trading LEDU.

https://bitcointalksearch.org/topic/m.54897453

Rowenta

member

Activity: 196

Merit: 12

Quote from: Lordhermes on August 07, 2020, 07:44:32 PM

Quote from: Becky666 on July 19, 2020, 05:24:35 PM

Quote from: Denongels on July 19, 2020, 05:15:33 PM

Yes DCoin is completely Fake Volume, last year I also experienced the same thing when selling bounty token, but fortunately after I let sell orders up to 2 days the tokens can sold, based on Coingecko LEDU has a low trust score, so I suggest you seem to wait or maybe withdraw your LEDU until there is an exchange other than DCoin

This should be the solution to this problem at the moment. Holding back your LEDU coins will save you the stress than another, a friend also told me about his undeal and was encouraged to hold his coins for another exchange listing of LEDU. Last year, I hold some coins supposedly to be sold on dcoin but were kept till the coins disappeared from radar; E3T.

Did you mean it that E3T disappeared, this is a great lesson although, I sold my E3T as early as the coin got listed on dcoin but was a hard work, order wasn't executed until I immediately picked up one of the low buy order.
Dcoin exchange is not a good one as they uses bot in confusing traders while nothing is really going on in the trade history, never panic of you experience same complains again, what would be better is transfer back your ledu to wallet for future listings on good exchange.

E3T project was overhyped, not good enough and the team aren't really blockchain experts so I don't expect anything good from them, I joined their Airdrop last year and I'm glad I sold off while I can, Dcoin isn't to be blame for this because the project lacks what it takes to be more demanding in the market

Lordhermes

sr. member

Activity: 1232

Merit: 379

Quote from: Becky666 on July 19, 2020, 05:24:35 PM

Quote from: Denongels on July 19, 2020, 05:15:33 PM

Yes DCoin is completely Fake Volume, last year I also experienced the same thing when selling bounty token, but fortunately after I let sell orders up to 2 days the tokens can sold, based on Coingecko LEDU has a low trust score, so I suggest you seem to wait or maybe withdraw your LEDU until there is an exchange other than DCoin

This should be the solution to this problem at the moment. Holding back your LEDU coins will save you the stress than another, a friend also told me about his undeal and was encouraged to hold his coins for another exchange listing of LEDU. Last year, I hold some coins supposedly to be sold on dcoin but were kept till the coins disappeared from radar; E3T.

Did you mean it that E3T disappeared, this is a great lesson although, I sold my E3T as early as the coin got listed on dcoin but was a hard work, order wasn't executed until I immediately picked up one of the low buy order.
Dcoin exchange is not a good one as they uses bot in confusing traders while nothing is really going on in the trade history, never panic of you experience same complains again, what would be better is transfer back your ledu to wallet for future listings on good exchange.

kotajikikox

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Activity: 2366

Merit: 207

★Bitvest.io★ Play Plinko or Invest!

Quote from: TrevorS on August 07, 2020, 06:32:48 PM

Quite possibly. The coin exchange is known for its fake volumes for completely different coins. I had to deal with her several times, each time I was faced with problems associated with strange order behavior.
When I tried to sell, my order always fell below the price I needed, while the trades were very active, but with the same periodicity in time and small amounts.

What do you expect, the bot are also doing similar things to every coins, they wanted to attract traders to send them the coins
and afterwards those traders will find out that it's a fake volumes and movements,.

They will ends up losing by selling to much cheaper value or withdrawn their
coins paying the transaction fees.

TrevorS

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Activity: 1050

Merit: 377

Quite possibly. The coin exchange is known for its fake volumes for completely different coins. I had to deal with her several times, each time I was faced with problems associated with strange order behavior.
When I tried to sell, my order always fell below the price I needed, while the trades were very active, but with the same periodicity in time and small amounts.

Alohadanc3

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In this crypto space there are lots off exchanges available m and few of them are ligit like 13-15 of them. Most of the exchanges somehow fake details. Like increase volume, or extra withdraw fees, banning account , no service. Few months ago I realised the same thing. I try to sell something on a exchange called cat.ex or something and after some time I realised the volume is fully fake and they are using bots. After that I don't h for any small exchange. Cause if somehow my asset got blocked that would be a big problem.

torrantz

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Sovryn - Brings DeFi to Bitcoin

Quote from: Henrobakkara on July 27, 2020, 05:11:27 PM

Dcoin is a bad exchange, of course it is a bot and certainly the volume there is fake. don't believe in exchanges like that, it's better to keep using top exchanges

He has no choice and he can only sell his coin on that place and do you know that? what he can do to sell it at the order price and he can't put his own order caused by it will never be sold out as there was no volume on dcoin.

Henrobakkara

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Dcoin is a bad exchange, of course it is a bot and certainly the volume there is fake. don't believe in exchanges like that, it's better to keep using top exchanges

flagpara

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Quote from: Cheesus on July 27, 2020, 04:09:25 PM

Dcoin is an underrated shit exchange! Most of their volume is fake, like Bitforex! Last year I created an account on Dcoin to sell my SSX coin, and I faced the same problem as you! The same thing happened in Bitforex with Myo coin! I think LEDU coin is listed on other exchanges, too; you can try there instead of Dcoin! Because the team or the exchange bot are only buying their sell orders, it means absolute fake volume!

The new exchange has a very fake volume the same as Dcoin. Today LEDO token volume is only 15K USD even mercatox isn't goon. Bitforex is a good exchange but after the launch Adab exchange. Bitforex exchange IEO should ignore, if new projects are less interesting. Once the trading volume was good for Dcoin tokens, right advice, you should wait to sell Ledu token

Cheesus

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terra-credit.com

Dcoin is an underrated shit exchange! Most of their volume is fake, like Bitforex! Last year I created an account on Dcoin to sell my SSX coin, and I faced the same problem as you! The same thing happened in Bitforex with Myo coin! I think LEDU coin is listed on other exchanges, too; you can try there instead of Dcoin! Because the team or the exchange bot are only buying their sell orders, it means absolute fake volume!

Silberman

legendary

Activity: 2492

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Quote from: Zazzu on July 20, 2020, 01:14:35 PM

It is a common problem for small exchanges in this market, they do not have too much liquidity, so they need to use bots to fake volume and attract investors. I have also been in your case, unable to sell tokens because no one actually bought those orders

But this is incredibly dishonest don’t you think? What I mean is that one of the most important metrics people use when trying to decide which exchange to use is the volume they have as that means you can sell your coins easily, if this is not true and they are faking their volume then they are in essence scamming their customers and any exchange that follows this practice must be condemned and exposed for what they are as it is simply unacceptable to fake those numbers to deceive people into depositing their coins with them.

BeginToMine

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https://www.payaccept.net/

It's actually happening on many exchanges but I think it's some top exchanges that doesn't do bot trading. If you place order always hope it gets picked even when one place market order there's always issue with such bots. Only few exchanges doesn't do bot trading but some exchange bot trading is annoying. While some are manageable.

ElmedoRator

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Quote from: Python Master on July 21, 2020, 11:17:59 PM

In term of exchange volume i only trust Binance, Huobi and KuCoin. Shit exchanges fake 24h volume up to hundred millions but can't fill an order which worth only hundred dollars.

Yes, small exchanges have huge volumes but we cannot sell altcoins at the price we want because they are bot transactions. Just use the leading exchange in the market and have many users, I believe this problem will be solved.

Topic: Trying to Sell LEDU on Dcoin!! Fake Volume? (Read 737 times)