Over 50% of all Bitcoin trades on exchanges are fake, new analysis reveals

Aug 26, 2022 4:31 PMPublished Aug 26, 2022 4:31 PM

Hello !!

Does Binance pay itself 'trading fee's'? That's a wash too. And, is all of that part of their balance sheet? IDK if it was just to pump the volume or what, I'm not on the inside but I do know what I used to see. Look, CEX's have all the data (book), I would bet my stack they all front run as well. Next to the SEC, CEX's are the perfect 'rig'. Programmatic, algorithmic, centralized. Myself, as a trader and programmer (Java, C, C# (NinjaTrader), Python, PineScript (TradingView)) I used to dream about what it would be like to work at places that built High Frequency Trading programs / algorithms. I'm telling you, it's TOO tempting and TOO easy for these CEX's to skew things in their favor. Look at all the Online Poker scams. If you're exchanging money online, some entity is in the middle scalping, period.

Source :

The crypto space is still relatively young but Bitcoin remains the flagship asset, accounting for 40% of the $1 trillion global market cap.

finbold.comOver 50% of all Bitcoin trades on exchanges are fake, new analysis revealsThe crypto space is still relatively young but Bitcoin remains the flagship asset, accounting for 40% of the $1 trillion global market cap.

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