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?
Alot of exchanges normally use bot to create fake trade volume, these happens in both old and new exchanges, Dcoin exchange is not an exception, and apart from the fake volume on Dcoin, on the other hand I heard Ledu is not a good token, even its trust score on coingecko is really poor: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 you should stay away from such exchanges, try moving your coin to a more trusted exchange where there is high liquidity and real buyers.