Google translate of original post:Concerning "input / output and opening of exchange" B2X on Exrates.me. I closely monitored the exchange for 4 days, sharing observations.
Although the user agreement says that the administration of the exchange does not interfere with the bidding process, this is not true. For example:
for the test, I started the stock exchange at $ 25. I placed a purchase order of 1942 DOGE, my order is the most expensive (located on top of the list) at a price of 0.01265. The order lasted 4 hours - no deal on it. At the same time, there are deals on the right, which did not even appear in glasses: 0.01204, 0.01208. That is, the "participants of the exchange" ignore my order and trade at a price lower than the proposed one. Or all the "participants of the stock exchange" finished idiots, or the stock exchange draws auctions. I, rather, will introduce the second, rather than the first.
Important note: the sale rate of DOGE = 0.079, which is 7 times more expensive than the rate on other exchanges.
In the screenshot, the red highlights an important, to understand the situation.
Concerning B2X.
Bidding is only for the pair B2X/BTC. On the question of support, will the B2X/USD be opened, they say, yes, but later. We go to USD/BTC and see the selling rate of $ 15,900, the purchase rate of $ 14550 and a number of trades at $ 14517. That is, and here the auction is drawn. No one buys your highest bid, the order hung for 24 hours - zero reaction.
Therefore, in order to buy B2X, only BTC needs to be entered on the exchange, because the overwhelming number of orders are drawn.
Conclusions:
1. The Exchange draws orders to show that it is being used massively.
2. Even the algorithm of drawing orders is made so crookedly that it is clearly evident to the living participants of transactions and speaks of the total disregard of Exrates.me to the elementary rules of fraud
3. The sale rates of DOGE, BTC and any other crypts (except B2X) are orders of magnitude higher than the average for the market so that the exchange administration can itself knock out money from participants. Want to buy B2X? First, buy BTC at 15900.
4. Therefore, the administration of Exrates.me creates a situation where B2X can be injected into the exchange, but due to the impossibility of an adequate exchange of any currency with BTC and, thus, the lack of buyers from the BTC, the exchange itself and in its own interests draws orders for the purchase and sellers have no choice but to sell B2X at a low price. The buyer is the administration of the exchange.
5. That is, the Exrates.me exchange is engaged in direct intervention in the process of supply-demand formation and buys B2X for a pittance.
6. And although formally input-output works, the other features of the exchange are designed to select money from unsophisticated newcomers and teenagers.
