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Topic: Trying to Sell LEDU on Dcoin!! Fake Volume? - page 6. (Read 798 times)

full member
Activity: 2044
Merit: 109
It must be a fake volume, we can find it in many exchanges of things like that, many exchanges now create fictitious volumes. I have also experienced a number of such problems on ProAsetz and Probit and this is very frustrating for us
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
Before you deposit, you should have checked tje liquidity of Ledu in Dcoin exchange. I have seen Dcoin to follow this technique long ago, they used to use fake volume. In fact most of the exchanges do. I do not know where Ledu is being traded but you should get one where there is enough liquidity.
hero member
Activity: 2856
Merit: 667
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?

Others have explain it, you are being played here by bots. They are doing this to look like this LEDU has a lot of buyers though.

I only see DCOIN and Mercatox as the two exchanges that listed LEDU, and Mercatox has no volume itself. https://coinmarketcap.com/currencies/education-ecosystem/markets

The best thing to do is just HODL on it, not unless you really wanted to get rid of this coin in your wallet because it could be one shit coin as well.

Based on the experience of OP, that's definitely a manipulation of the exchange itself, and no exchange should gained our trust if they are doing like that, I can't believe Dcoin with a total trading volume of $66,479,491 USD (https://coinmarketcap.com/exchanges/dcoin/) is faking, I'm wondering what percent is the real volume compared to the amount reported?

No wonder its rank is 101 despite of a high volume - https://coinmarketcap.com/rankings/exchanges/

Great job by Binance management, CMC has become more realistic now.
hero member
Activity: 2842
Merit: 772
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?

Others have explain it, you are being played here by bots. They are doing this to look like this LEDU has a lot of buyers though.

I only see DCOIN and Mercatox as the two exchanges that listed LEDU, and Mercatox has no volume itself. https://coinmarketcap.com/currencies/education-ecosystem/markets

The best thing to do is just HODL on it, not unless you really wanted to get rid of this coin in your wallet because it could be one shit coin as well.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
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?
That means the bot was putting an instant order lower than your rate and the bot itself who has been buying such order. Sometimes the bot doesn't even need to do that as the transaction has been done automatically. this is a manipulation to make the market looks crowded and you can see based on the rate that has already putted into the sell order.
hero member
Activity: 2338
Merit: 757
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?
sr. member
Activity: 1036
Merit: 252
Dolphins Finance TRUSTED FINANCE
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?

i think a lot of new exchangers using bots to create a fake volume and to show us if the exchange active in trading activity
and maybe not only a new exchange even a big exchange sometimes using a bots too (correct me if i'm wrong)
full member
Activity: 756
Merit: 231
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.
full member
Activity: 812
Merit: 100
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
full member
Activity: 335
Merit: 100
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?
Yes, some kind of exchanges like Dcoin, Bilaxy or even Probit have fake volume and their liquidity is very low. You will see the the traded history on the orderbook, but it's bot, and your order will remain there, because no one buy your tokens.
full member
Activity: 560
Merit: 180
I'm Matured Now
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?
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