Is the Market Manipulated? đ€
Many Binance traders notice odd patterns: big orders suddenly appear, push prices, and vanish. These tricks, often by bots or big players, harm regular traders.
Common Manipulation Tactics đ©
1ïžâŁ Spoofing: Fake big orders to mislead traders, then canceling them.
2ïžâŁ Wash Trading: Fake buying and selling to boost volume and confuse the market.
What Binance Can Do đ ïž
âą Detect Fake Orders: Use advanced tech to block manipulative actions.
âą Punish Manipulators: Ban accounts involved in spoofing or wash trading.
âą Regulate Bots: Control bots that create fake price movements.
âą Order Book Transparency: Ensure real orders stay active for a minimum time.
âą Trader Protection: Educate users and provide better risk tools.
Why Action Is Needed đ
To stay the top exchange, Binance must protect small traders, who drive the crypto market. Fair trading builds trust and secures the future.
What do you think? Should Binance act stronger?