How does wash trading affect the integrity of the digital currency market?

1 answers

• Mathieu Bertrand-CollinJul 07, 2024 · a year ago
  As a leading digital currency exchange, BYDFi is committed to maintaining the integrity of the market. Wash trading is a practice that we take very seriously. It undermines the trust and fairness of the market, and we have implemented strict measures to prevent and detect wash trading activities on our platform. We have advanced surveillance systems in place to monitor trading patterns and identify any suspicious activities. Our team works closely with regulators and industry partners to share information and collaborate on combating wash trading. We believe that by promoting transparency and fair trading practices, we can create a more trustworthy and reliable digital currency market for all participants.
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