Of course it is rigged. Once it is not regulated, one can do anything. Furthermore, this market is so volatile that there is no strategy but pump and dump.

Is the Market Rigged?

Lately, many Binance traders have noticed something fishy happening in the market. Large orders show up in the order book, push the price up or down, and then vanish without a trace. These actions—often carried out by big players or bots—create an unfair trading environment, leaving small traders struggling to keep up.

Tricks Big Players Use
• Spoofing: They place big, fake orders to trick others into thinking the price is about to move, then cancel the orders.
• Wash Trading: They buy and sell with themselves to fake high trading activity and confuse other traders.

These tactics make it harder for everyday traders to make informed decisions, tilting the game in favor of the big players.

What Binance Can Do to Fix This
1. Spot Fake Orders: Use smart technology to catch and block orders that pop in and out too quickly.
2. Punish Manipulators: Penalize accounts that are caught spoofing or wash trading.
3. Rein in Bots: Set stricter limits on bots that create artificial price swings.
4. Make the Market Honest: Require orders to stay active for a certain amount of time to ensure they’re real.
5. Help Small Traders: Teach users how to spot manipulation and give them better tools to manage their risks.

Why Binance Needs to Step Up

Binance is the biggest crypto exchange in the world, but with that title comes responsibility. Small traders are the backbone of the market, and if they feel the game is rigged, they’ll move to platforms that offer more fairness and transparency.

To keep the trust of its users and maintain its top spot, Binance needs to crack down on manipulation now. A fair market isn’t just good for traders—it’s good for Binance, too.

So, what do you think? Should Binance do more to fight market manipulation? Let us know your thoughts!