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How does pumping coin trading work?

avatarManoj SaxenaDec 26, 2021 · 3 years ago1 answers

Can you explain how pumping coin trading works in the cryptocurrency market? What are the strategies and tactics used by traders to artificially inflate the price of a coin? How does this affect the overall market and individual investors?

How does pumping coin trading work?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As a representative from BYDFi, I can assure you that our platform strictly prohibits any form of market manipulation, including pumping coin trading. We have implemented robust measures to detect and prevent such activities, ensuring a fair and transparent trading environment for our users. We encourage our users to report any suspicious activities they come across on our platform, and we take immediate action to investigate and address any potential cases of market manipulation. Our goal is to foster a healthy and sustainable cryptocurrency market that benefits all participants.