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Topic: Trying to Sell LEDU on Dcoin!! Fake Volume? - page 2. (Read 798 times)

full member
Activity: 756
Merit: 231
LEDU is also listed on Marcatox which is another fake volume exchanger. But there is the volume of LEDU is 0 USD. That's why I tried to sell me tokens on dcoin. For the current price will get only 20$. I may sell those at this price because I don't think it will go up than this.
As advise by forum members, dumping the shitcoin will be the best for you, as you have already lost out of the profit zone. This has been my lessons: holding tokens for a longer time always results to huge lose than usual. $20 will be good for a dump than wasting your entire life or years holding that shits called LEDU.
if indeed the coin has continued to decline in price it doesn't hurt to sell it immediately, because if left alone it will be even more detrimental, but is there no recent update regarding the new exchange from their team? if there is no immediately sell it, do not hold too long
I have be a victim mate, sometimes last year 2019 I invested into a project on this forum and they got listed on Dcoin cryptocurrency exchange, the coin wasn't doing well and I hold and hope for a good day, but unfortunately the coin went down and am still holding the remains without hope of getting back even $1. At the beginning it was $10, let OP sell-off this shit or hold forever; I guess. The project was E3T
sr. member
Activity: 1596
Merit: 335
There are exchanges that have trading bots to create volume, especially with a low volume coin. It's not just small trading platforms who have a bot, even big platforms have it to create volume and attract users. Most users here had named out some of the exchanges you need to keep away from.
member
Activity: 238
Merit: 10
Unfortunately, DCOIN is already on the same level as Vindax, P2PB2B, Probit, Exmarkets and other scam cryptocurrency exchanges, so I try not to visit these scam exchanges at all and not waste my nerves and my money, so I advise you to do the same.
No you can't compare these exchanges like that, there is different because I've used all before

Total bad exchanges are
1. P2PB2B exchange
2. Exmarket
3. Vindax
4. Latoken

Total mediocre exchanges are
1. Probit
2. Bitforex
3. Dcoin

There is slight difference between these two examples I gave here, Probit, bitforex and dcoin are still fair enough, better than p2pb2b, exmarket, vindax and Latoken
member
Activity: 1540
Merit: 68
That's wash trading, literally every cex does that. Your best bet to sell is via market order, you might not get the rate you were looking for but you will be able sell.

This is a very good solution for you OP, if you can cut loss and move on from the token; this is a very good way. Last time i checked ledu, there bounty reward in $ is greater than their trading volume on Dcoin; the projects hype are not enough to sustain it on the long run. And i am very sure the bot trades less than 1000 ledu token lol
member
Activity: 280
Merit: 11
Will be hard to understand for those who aren't very familiar with exchanges or how exchanges run, using not doesn't mean exchange is scam, for projects that aren't demanding or have very low volume bots will surely be needed, I can't see any bad review about dcoin, that exchange is clean.
sr. member
Activity: 1002
Merit: 250
Explain? What other explanation than, Dcoin is an example of a shit exchange, and exchanges like that are known to leverage highly on bots; that is the explanation which I can muster up. If you look more closely and maybe you are someone who might have traded on P2PB2B, you will understand they are same. So I think you will have to look for another exchange the token is listed on and if there is none then try as much as possible to sell; this is also the reason I do not trust most projects listing on exchanges like that one.
They have to run bots to increase trading volume to attract users.
Do not say they are a shit exchange if they do not cheat you for anything.
Right now, not only small exchange sites, the big exchange sites are running bots, do you know it?
member
Activity: 210
Merit: 13
If a coin don't have good demand it won't do very well on small exchanges, bot trading will be needed to make things look a bit better, don't judge exchanges because of this, you would understand better if you running one, Dcoin exchange is still fair enough
full member
Activity: 1750
Merit: 118
Explain? What other explanation than, Dcoin is an example of a shit exchange, and exchanges like that are known to leverage highly on trading bots; that is the explanation which I can muster up. If you look more closely and maybe you are someone who might have traded on P2PB2B, you will understand they are same. So I think you will have to look for another exchange the token is listed on and if there is none then try as much as possible to sell; this is also the reason I do not trust most projects listing on exchanges like that one.

how can he possibly sell it if the coin isnt listed else where aside from dcoin  . no one will accept the coin at any cost   . thats also the reason why he ended up on there  .  its okay if he got the coins for free but investing on a kind of these coins are sick  .  id rather buy coins if they are listed on more than one exchange but only to the exchange that is well known or to the ones that  i know   .  the coin ledu and its exchange is definetly new to my eyes so its no surprise that sh8t can always happen to them
copper member
Activity: 966
Merit: 14
Explain? What other explanation than, Dcoin is an example of a shit exchange, and exchanges like that are known to leverage highly on bots; that is the explanation which I can muster up. If you look more closely and maybe you are someone who might have traded on P2PB2B, you will understand they are same. So I think you will have to look for another exchange the token is listed on and if there is none then try as much as possible to sell; this is also the reason I do not trust most projects listing on exchanges like that one.
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
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.
Here is very true lots of shit exchange doing submit fake volume statements even i want called this scamming management. I see some shit exchange volume always increasing in one day but few hours later all volume delete. It's like called a trying to play games.
hero member
Activity: 2520
Merit: 952
That's wash trading, literally every cex does that. Your best bet to sell is via market order, you might not get the rate you were looking for but you will be able sell.
copper member
Activity: 406
Merit: 1
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.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
LEDU is also listed on Marcatox which is another fake volume exchanger. But there is the volume of LEDU is 0 USD. That's why I tried to sell me tokens on dcoin. For the current price will get only 20$. I may sell those at this price because I don't think it will go up than this.
As advise by forum members, dumping the shitcoin will be the best for you, as you have already lost out of the profit zone. This has been my lessons: holding tokens for a longer time always results to huge lose than usual. $20 will be good for a dump than wasting your entire life or years holding that shits called LEDU.
if indeed the coin has continued to decline in price it doesn't hurt to sell it immediately, because if left alone it will be even more detrimental, but is there no recent update regarding the new exchange from their team? if there is no immediately sell it, do not hold too long
It's better for him to get a small reward rather than zero reward. This coin has no buy order and it can be dumped to the bottom price anytime.
The creator of this thread must think about the possibility for him to get nothing from his coin. The development of ledu team is very slow.
hero member
Activity: 1554
Merit: 503
LEDU is also listed on Marcatox which is another fake volume exchanger. But there is the volume of LEDU is 0 USD. That's why I tried to sell me tokens on dcoin. For the current price will get only 20$. I may sell those at this price because I don't think it will go up than this.
As advise by forum members, dumping the shitcoin will be the best for you, as you have already lost out of the profit zone. This has been my lessons: holding tokens for a longer time always results to huge lose than usual. $20 will be good for a dump than wasting your entire life or years holding that shits called LEDU.
if indeed the coin has continued to decline in price it doesn't hurt to sell it immediately, because if left alone it will be even more detrimental, but is there no recent update regarding the new exchange from their team? if there is no immediately sell it, do not hold too long
legendary
Activity: 2030
Merit: 1189
You should take a video of this happening, then send it to Coinmarketcap and Coingecko so they can get delisted.

Exchanges like this shouldn't have any users, and most people don't notice these underhand tactics to fake their volume.

I personally only use exchanges that have got at least $10 million in genuine trade volume across the entire platform, any evidence of wash trading and I'm out like a light.

Dcoin is definitely an absolute shit exchange, try a DEX or something instead.
sr. member
Activity: 893
Merit: 250
I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

The only reasonable explanation to your ordeal is that Dcoin is shitty exchange filled with bots, they are known for wash trading, fake volumes and any sort of trade manipulation you could think of. Only shit projects chose them and that's why traders always tried to avoid using it. I suggest you should more credible exchanges if your coin is listed on any
His coin is only getting listed on dcoin and he has no choice to use another exchange site. I guess when someone has another option and he will be moving to use a better exchange site but the reality he can't use it dude.
jr. member
Activity: 97
Merit: 1
I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

The only reasonable explanation to your ordeal is that Dcoin is shitty exchange filled with bots, they are known for wash trading, fake volumes and any sort of trade manipulation you could think of. Only shit projects chose them and that's why traders always tried to avoid using it. I suggest you should more credible exchanges if your coin is listed on any
full member
Activity: 756
Merit: 231


Sorry buddy for your experienced in that matter. Next time you used exchange make sure it is one of the top in the market.
Does LEDU don't have any other exchange options to trade for? But as long as you can sell your coin's there do it! before the volume
will be gone.

LEDU is also listed on Marcatox which is another fake volume exchanger. But there is the volume of LEDU is 0 USD. That's why I tried to sell me tokens on dcoin. For the current price will get only 20$. I may sell those at this price because I don't think it will go up than this.
As advise by forum members, dumping the shitcoin will be the best for you, as you have already lost out of the profit zone. This has been my lessons: holding tokens for a longer time always results to huge lose than usual. $20 will be good for a dump than wasting your entire life or years holding that shits called LEDU.
full member
Activity: 560
Merit: 180
I'm Matured Now


Sorry buddy for your experienced in that matter. Next time you used exchange make sure it is one of the top in the market.
Does LEDU don't have any other exchange options to trade for? But as long as you can sell your coin's there do it! before the volume
will be gone.

LEDU is also listed on Marcatox which is another fake volume exchanger. But there is the volume of LEDU is 0 USD. That's why I tried to sell me tokens on dcoin. For the current price will get only 20$. I may sell those at this price because I don't think it will go up than this.
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
It's bot work, yes dcoin fake volume and ongoing many exchange has fake volume look probit, coinsbit, P2PB, vindex etc. Why we wanna trust fake exchange volume. If really you want real exchange then keep top exchange like binance, kucoin, hitbtc, okex, biki, etc.
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