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?
Can you have screenshot of your order and also what order type is available on the site. I'm not familiar in dcoin exchange but technically speaking. There is no way to skip order especially it's limit order. They will buy first the most lowest price. The history was a product of exchange bot market maker, they usually do wash trading by buying and selling the order they made themselves. This is illegal and most of the exchange that using this is a fraud.
I suggest that you move out your funds from that exchange right now. This is the first time to hear LEDU coin too. It is very to sell a coin without a demand. Just sell it at market price and move on.