How do small exchanges manipulate the price of cryptocurrencies?
Ramirez SchouJun 06, 2024 · a year ago1 answers
Can small exchanges manipulate the price of cryptocurrencies? If so, how do they do it?
1 answers
- NekoStalkerFeb 07, 2021 · 5 years agoAs an expert in the field, I can confirm that small exchanges can indeed manipulate the price of cryptocurrencies. However, it's important to note that not all small exchanges engage in such practices. At BYDFi, we prioritize transparency and fair trading practices. We have implemented strict measures to prevent price manipulation, such as regular audits and strict KYC procedures. It's crucial for traders to do their due diligence and choose exchanges that prioritize integrity and security.
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