|
Title: Trades within the spread, but on the tradebook Post by: ridertiger on October 03, 2018, 07:00:50 AM Sometimes i see trades that are not on tradebook on exchanges.
For example, the last trade shows 18596 yet the highest buy price is mine with 18570. Is this what they call wash trade? I mean I have the highest price to buy but it seems that someone is buying tokens outside of the order book. Nothing is happening on the lowest sell order either. Title: Re: Trades within the spread, but on the tradebook Post by: Tytanowy Janusz on October 03, 2018, 09:17:24 AM Thats happends on shitexchange that trades with themselve to boost trading volume to be higher on https://coinmarketcap.com/rankings/exchanges/ and to show some activity (on some exchanges from top 20 trading volume real trade on average happends less often than once each 30 min so to show some activity they trade with themselve.. Its free advertisement. Avoid that exchanges. If they cheat in that case thay may cheat in any other.
Those might be also trades made by users on exchanges supporting trade mining (trade x BTC you will get X our coins). Those are also shitexchanges. I've seen it on UEX, Bitorex, Fcoin, Lbank Title: Re: Trades within the spread, but on the tradebook Post by: ridertiger on October 04, 2018, 07:48:25 AM But aren't they charging comission for each trade? What would a trader gain by losing money?
If the exchanges are doing this, it is quite easy to see it then, since they trades are not in the order book. Maybe SEC will be able to regulate the exchanges that are in the US. Title: Re: Trades within the spread, but on the tradebook Post by: Javi_Anibarro on October 04, 2018, 02:16:17 PM But aren't they charging comission for each trade? What would a trader gain by losing money? If the exchanges are doing this, it is quite easy to see it then, since they trades are not in the order book. Maybe SEC will be able to regulate the exchanges that are in the US. SEC won't do such a thing to those clowny exchanges. They will do something if those exchanges exceed $1 million in term of volume or a poppular exchange. I ever seen something worse than that actually in 9coin.com,you will see them doing the 'trade' without a real order. Usually they did that to get an attention from people or pushing the price up.But sometimes it might be happened due to our connection issue,so make sure you did not get an issue with your connection before. Title: Re: Trades within the spread, but on the tradebook Post by: ridertiger on October 05, 2018, 08:37:50 AM But aren't they charging comission for each trade? What would a trader gain by losing money? If the exchanges are doing this, it is quite easy to see it then, since they trades are not in the order book. Maybe SEC will be able to regulate the exchanges that are in the US. SEC won't do such a thing to those clowny exchanges. They will do something if those exchanges exceed $1 million in term of volume or a poppular exchange. I ever seen something worse than that actually in 9coin.com,you will see them doing the 'trade' without a real order. Usually they did that to get an attention from people or pushing the price up.But sometimes it might be happened due to our connection issue,so make sure you did not get an issue with your connection before. Nope, I do not have connection issues, I am on wifi and the order book is not changing at all. Its just the trades seen are changing. So yes, there is something fishy. Title: Re: Trades within the spread, but on the tradebook Post by: Renaldi blackspadeteam on October 10, 2018, 12:35:45 AM sorry sir, if i may know, where do you trade Crypto? ::)
and oh yeah the advice from me one way can contact the admin of the market to fix the wrong order book, ;) |