Trying to Sell LEDU on Dcoin!! Fake Volume?

[Fatemablabla]

I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

[1714722448]

1714722448

[1714722448]

1714722448

[1714722448]

1714722448

[wywoc]

I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

Yes, some kind of exchanges like Dcoin, Bilaxy or even Probit have fake volume and their liquidity is very low. You will see the the traded history on the orderbook, but it's bot, and your order will remain there, because no one buy your tokens.

[Denongels]

Yes DCoin is completely Fake Volume, last year I also experienced the same thing when selling bounty token, but fortunately after I let sell orders up to 2 days the tokens can sold, based on Coingecko LEDU has a low trust score, so I suggest you seem to wait or maybe withdraw your LEDU until there is an exchange other than DCoin

[Becky666]

Yes DCoin is completely Fake Volume, last year I also experienced the same thing when selling bounty token, but fortunately after I let sell orders up to 2 days the tokens can sold, based on Coingecko LEDU has a low trust score, so I suggest you seem to wait or maybe withdraw your LEDU until there is an exchange other than DCoin

This should be the solution to this problem at the moment. Holding back your LEDU coins will save you the stress than another, a friend also told me about his undeal and was encouraged to hold his coins for another exchange listing of LEDU. Last year, I hold some coins supposedly to be sold on dcoin but were kept till the coins disappeared from radar; E3T.

[coinporch]

I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

i think a lot of new exchangers using bots to create a fake volume and to show us if the exchange active in trading activity
and maybe not only a new exchange even a big exchange sometimes using a bots too (correct me if i'm wrong)

[coupable]

Yes DCoin is completely Fake Volume, last year I also experienced the same thing when selling bounty token, but fortunately after I let sell orders up to 2 days the tokens can sold, based on Coingecko LEDU has a low trust score, so I suggest you seem to wait or maybe withdraw your LEDU until there is an exchange other than DCoin

It's not just about DCoin. LEDU coin itself is a poor token that most probably being a scam if it can only reach this DCoin fake exchange and having no volume at all in Mercatox. The chart in Coingecko shows the history of just the last two days, is it a new token?

[bittick]

I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

That means the bot was putting an instant order lower than your rate and the bot itself who has been buying such order. Sometimes the bot doesn't even need to do that as the transaction has been done automatically. this is a manipulation to make the market looks crowded and you can see based on the rate that has already putted into the sell order.

[Jating]

I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

Others have explain it, you are being played here by bots. They are doing this to look like this LEDU has a lot of buyers though.

I only see DCOIN and Mercatox as the two exchanges that listed LEDU, and Mercatox has no volume itself. https://coinmarketcap.com/currencies/education-ecosystem/markets

The best thing to do is just HODL on it, not unless you really wanted to get rid of this coin in your wallet because it could be one shit coin as well.

[Botnake]

I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

Others have explain it, you are being played here by bots. They are doing this to look like this LEDU has a lot of buyers though.

I only see DCOIN and Mercatox as the two exchanges that listed LEDU, and Mercatox has no volume itself. https://coinmarketcap.com/currencies/education-ecosystem/markets

The best thing to do is just HODL on it, not unless you really wanted to get rid of this coin in your wallet because it could be one shit coin as well.

Based on the experience of OP, that's definitely a manipulation of the exchange itself, and no exchange should gained our trust if they are doing like that, I can't believe Dcoin with a total trading volume of $66,479,491 USD (https://coinmarketcap.com/exchanges/dcoin/) is faking, I'm wondering what percent is the real volume compared to the amount reported?

No wonder its rank is 101 despite of a high volume - https://coinmarketcap.com/rankings/exchanges/

Great job by Binance management, CMC has become more realistic now.

[Little Mouse]

Before you deposit, you should have checked tje liquidity of Ledu in Dcoin exchange. I have seen Dcoin to follow this technique long ago, they used to use fake volume. In fact most of the exchanges do. I do not know where Ledu is being traded but you should get one where there is enough liquidity.

[antsam]

It must be a fake volume, we can find it in many exchanges of things like that, many exchanges now create fictitious volumes. I have also experienced a number of such problems on ProAsetz and Probit and this is very frustrating for us

[L A R A]

I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

I'm a little confused by your explanation, maybe you should also add a screenshot in your thread.
But my advice, why don't you sell it using the current market rate. If it is not sold immediately, it can be ascertained that it is a fake volume.

[StreakW]

Yes, DCoin is fake volume, some as mercatox. I also have ledu token and so hard to sell it because that, i see order history on mercatox someone bought around 3K Ledu with lowest price, but in sell order section, my order was the lowest but not executeded. BTW ledu token is bad project, no demand in market, if always like this this project will scam

[Fatemablabla]

Thanks everyone for helping me out. I'm now sure that LEDU is using fake volume and the market doesn't have any demand for the token. So, I think I should sell in the buying orders or have to hold those.
Leaving the thread for discussion for other members or may lock it if I see spamming.

[bayudndy]

I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

Obviously it's a fake volume, I've seen many of these exchanges and I can't sell tokens there. That is why I do not want to use this small exchange market

[CuriousGeorge]

I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??

Can anyone explain?

Obviously it's a fake volume, I've seen many of these exchanges and I can't sell tokens there. That is why I do not want to use this small exchange market

I have experienced with this exchange site and you can sell based on the price that has already putted into the buy order, when you wanna try to put your order with your own price into the market and there was a small chance only your order will be filled.

[BigBos]

Yes, some kind of exchanges like Dcoin, Bilaxy or even Probit have fake volume and their liquidity is very low. You will see the the traded history on the orderbook, but it's bot, and your order will remain there, because no one buy your tokens.

well, the case is really very similar to what I feel when selling something on probit. however, there will always be people who buy at a lower price or sell at a price from a low order. Well, this will be felt when you want to sell your assets at a low price, you will realize the fake volume generated.

[Pamadar]

Yes, some kind of exchanges like Dcoin, Bilaxy or even Probit have fake volume and their liquidity is very low. You will see the the traded history on the orderbook, but it's bot, and your order will remain there, because no one buy your tokens.

well, the case is really very similar to what I feel when selling something on probit. however, there will always be people who buy at a lower price or sell at a price from a low order. Well, this will be felt when you want to sell your assets at a low price, you will realize the fake volume generated.

You will noticed it once you see those executed orders after your position, it's really annoying but that's reality from those small exchange, bot are being used to fake the movement while real time orders are not being executed. You don't have any other option than selling it from the other side and dumped your coin from the buy orders. Sad true or you can hope for the developers to completely make a good run and create barriers.

[trauchot]

Unfortunately, DCOIN is already on the same level as Vindax, P2PB2B, Probit, Exmarkets and other scam cryptocurrency exchanges, so I try not to visit these scam exchanges at all and not waste my nerves and my money, so I advise you to do the same.

[gabbie2010]

Unfortunately, DCOIN is already on the same level as Vindax, P2PB2B, Probit, Exmarkets and other scam cryptocurrency exchanges, so I try not to visit these scam exchanges at all and not waste my nerves and my money, so I advise you to do the same.

I also registered with that exchange hoping to sell my LEDU coin too navigating though that exchange I suspect that they truly faked their volume having realized the implication of losing my coin I have to abandon it, I believed its high time we began to know the true exchanges we needed to sell or buy coins else  an investor might possibly lose a lot of investment thank you for bringing other exchanges who also cultivate that habit to the notice of would-be investors.