Post
Topic
Board Bitcoin Discussion
Re: Traditional System & Crypto Exchange
by
Yogee
on 11/01/2022, 22:51:13 UTC
Why not share the source of that quoted message? It's better if we know who said that so we'll have an idea if he's talking about something we haven't heard yet.

I find what he said funny since the traditional system is supposedly more regulated compared to crypto exchanges but he claims wash trading still happens there.

I found this question somewhere random on the internet. But was curious about his question. So, I thought maybe you guys can shed a light on it.
The possibility of some people or whales trying to gain the upperhand by wash trading is always there since the crypto market is less regulated. I think it was more rampant during the last cycle when KYC isn't that widely enforced. I can't comment on the volume as the question doesn't really say much.