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TagsHow can I identify and avoid crypto wash trading when trading cryptocurrencies?
Bayu FadayanJan 15, 2022 · 3 years ago1 answersCan you provide some tips on how to identify and avoid crypto wash trading when trading cryptocurrencies? I want to make sure I'm engaging in legitimate trading activities and not falling victim to wash trading.
1 answers
- At BYDFi, we understand the importance of avoiding wash trading and promoting fair and transparent trading practices. To identify and avoid wash trading, we recommend using advanced trading tools and indicators. Look for platforms that offer features like real-time order book analysis, trade history visualization, and market depth charts. These tools can help you spot any suspicious trading activities and make informed decisions. Additionally, consider joining online communities and forums where experienced traders share their insights and tips on avoiding wash trading. Remember, staying vigilant and informed is crucial in the crypto market.Jan 15, 2022 · 3 years ago
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