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?
Dcoin is knowm notoriously for there bots, fake volumes as well as wash trading across the entire crypto space and that's why people mostly avoind them and opt for good exchanges with good volume and liquidity only shit projects list on Dcoin. There are other exchange with similar bot activities amd wash trading such as P2pB2b, idex and bilaxy. My advice is you should stay as much far away from those exchanges