Trying to Sell LEDU on Dcoin!! Fake Volume?

[libert19]

That's wash trading, literally every cex does that. Your best bet to sell is via market order, you might not get the rate you were looking for but you will be able sell.

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[Tomcolor]

In term of exchange volume i only trust Binance, Huobi and KuCoin. Shit exchanges fake 24h volume up to hundred millions but can't fill an order which worth only hundred dollars.

Here is very true lots of shit exchange doing submit fake volume statements even i want called this scamming management. I see some shit exchange volume always increasing in one day but few hours later all volume delete. It's like called a trying to play games.

[aemma]

Explain? What other explanation than, Dcoin is an example of a shit exchange, and exchanges like that are known to leverage highly on bots; that is the explanation which I can muster up. If you look more closely and maybe you are someone who might have traded on P2PB2B, you will understand they are same. So I think you will have to look for another exchange the token is listed on and if there is none then try as much as possible to sell; this is also the reason I do not trust most projects listing on exchanges like that one.

[shoreno]

Explain? What other explanation than, Dcoin is an example of a shit exchange, and exchanges like that are known to leverage highly on trading bots; that is the explanation which I can muster up. If you look more closely and maybe you are someone who might have traded on P2PB2B, you will understand they are same. So I think you will have to look for another exchange the token is listed on and if there is none then try as much as possible to sell; this is also the reason I do not trust most projects listing on exchanges like that one.

how can he possibly sell it if the coin isnt listed else where aside from dcoin  . no one will accept the coin at any cost   . thats also the reason why he ended up on there  .  its okay if he got the coins for free but investing on a kind of these coins are sick  .  id rather buy coins if they are listed on more than one exchange but only to the exchange that is well known or to the ones that  i know   .  the coin ledu and its exchange is definetly new to my eyes so its no surprise that sh8t can always happen to them

[Maxstl007]

If a coin don't have good demand it won't do very well on small exchanges, bot trading will be needed to make things look a bit better, don't judge exchanges because of this, you would understand better if you running one, Dcoin exchange is still fair enough

[Itsmylife]

Explain? What other explanation than, Dcoin is an example of a shit exchange, and exchanges like that are known to leverage highly on bots; that is the explanation which I can muster up. If you look more closely and maybe you are someone who might have traded on P2PB2B, you will understand they are same. So I think you will have to look for another exchange the token is listed on and if there is none then try as much as possible to sell; this is also the reason I do not trust most projects listing on exchanges like that one.

They have to run bots to increase trading volume to attract users.
Do not say they are a shit exchange if they do not cheat you for anything.
Right now, not only small exchange sites, the big exchange sites are running bots, do you know it?

[Gunday_07]

Will be hard to understand for those who aren't very familiar with exchanges or how exchanges run, using not doesn't mean exchange is scam, for projects that aren't demanding or have very low volume bots will surely be needed, I can't see any bad review about dcoin, that exchange is clean.

[cytpoway121]

That's wash trading, literally every cex does that. Your best bet to sell is via market order, you might not get the rate you were looking for but you will be able sell.

This is a very good solution for you OP, if you can cut loss and move on from the token; this is a very good way. Last time i checked ledu, there bounty reward in $ is greater than their trading volume on Dcoin; the projects hype are not enough to sustain it on the long run. And i am very sure the bot trades less than 1000 ledu token lol

[Inkdull]

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.

No you can't compare these exchanges like that, there is different because I've used all before

Total bad exchanges are
1. P2PB2B exchange
2. Exmarket
3. Vindax
4. Latoken

Total mediocre exchanges are
1. Probit
2. Bitforex
3. Dcoin

There is slight difference between these two examples I gave here, Probit, bitforex and dcoin are still fair enough, better than p2pb2b, exmarket, vindax and Latoken

[Genemind]

There are exchanges that have trading bots to create volume, especially with a low volume coin. It's not just small trading platforms who have a bot, even big platforms have it to create volume and attract users. Most users here had named out some of the exchanges you need to keep away from.

[Becky666]

LEDU is also listed on Marcatox which is another fake volume exchanger. But there is the volume of LEDU is 0 USD. That's why I tried to sell me tokens on dcoin. For the current price will get only 20$. I may sell those at this price because I don't think it will go up than this.

As advise by forum members, dumping the shitcoin will be the best for you, as you have already lost out of the profit zone. This has been my lessons: holding tokens for a longer time always results to huge lose than usual. $20 will be good for a dump than wasting your entire life or years holding that shits called LEDU.

if indeed the coin has continued to decline in price it doesn't hurt to sell it immediately, because if left alone it will be even more detrimental, but is there no recent update regarding the new exchange from their team? if there is no immediately sell it, do not hold too long

I have be a victim mate, sometimes last year 2019 I invested into a project on this forum and they got listed on Dcoin cryptocurrency exchange, the coin wasn't doing well and I hold and hope for a good day, but unfortunately the coin went down and am still holding the remains without hope of getting back even $1. At the beginning it was $10, let OP sell-off this shit or hold forever; I guess. The project was E3T

[ElmedoRator]

In term of exchange volume i only trust Binance, Huobi and KuCoin. Shit exchanges fake 24h volume up to hundred millions but can't fill an order which worth only hundred dollars.

Yes, small exchanges have huge volumes but we cannot sell altcoins at the price we want because they are bot transactions. Just use the leading exchange in the market and have many users, I believe this problem will be solved.

[BeginToMine]

It's actually happening on many exchanges but I think it's some top exchanges that doesn't do bot trading. If you place order always hope it gets picked even when one place market order there's always issue with such bots.  Only few exchanges doesn't do bot trading but some exchange bot trading is annoying. While some are manageable.

[Silberman]

It is a common problem for small exchanges in this market, they do not have too much liquidity, so they need to use bots to fake volume and attract investors. I have also been in your case, unable to sell tokens because no one actually bought those orders

But this is incredibly dishonest don’t you think? What I mean is that one of the most important metrics people use when trying to decide which exchange to use is the volume they have as that means you can sell your coins easily, if this is not true and they are faking their volume then they are in essence scamming their customers and any exchange that follows this practice must be condemned and exposed for what they are as it is simply unacceptable to fake those numbers to deceive people into depositing their coins with them.

[Cheesus]

Dcoin is an underrated shit exchange! Most of their volume is fake, like Bitforex! Last year I created an account on Dcoin to sell my SSX coin, and I faced the same problem as you! The same thing happened in Bitforex with Myo coin! I think LEDU coin is listed on other exchanges, too; you can try there instead of Dcoin! Because the team or the exchange bot are only buying their sell orders, it means absolute fake volume!   

[flagpara]

Dcoin is an underrated shit exchange! Most of their volume is fake, like Bitforex! Last year I created an account on Dcoin to sell my SSX coin, and I faced the same problem as you! The same thing happened in Bitforex with Myo coin! I think LEDU coin is listed on other exchanges, too; you can try there instead of Dcoin! Because the team or the exchange bot are only buying their sell orders, it means absolute fake volume!  

The new exchange has a very fake volume the same as Dcoin. Today LEDO token volume is only 15K USD even mercatox isn't goon. Bitforex is a good exchange but after the launch Adab exchange. Bitforex exchange IEO should ignore, if new projects are less interesting. Once the trading volume was good for Dcoin tokens, right advice, you should wait to sell Ledu token

[Henrobakkara]

Dcoin is a bad exchange, of course it is a bot and certainly the volume there is fake. don't believe in exchanges like that, it's better to keep using top exchanges

[torrantz]

Dcoin is a bad exchange, of course it is a bot and certainly the volume there is fake. don't believe in exchanges like that, it's better to keep using top exchanges

He has no choice and he can only sell his coin on that place and do you know that? what he can do to sell it at the order price and he can't put his own order caused by it will never be sold out as there was no volume on dcoin.

[Alohadanc3]

In this crypto space there are lots off exchanges available m and few of them are ligit like 13-15 of them. Most of the exchanges somehow fake details. Like increase volume, or extra withdraw fees, banning account , no service. Few months ago I realised the same thing. I try to sell something on a exchange called cat.ex or something and after some time I realised the volume is fully fake and they are using bots. After that I don't h for any small exchange. Cause if somehow my asset got blocked that would be a big problem.

[TrevorS]

Quite possibly. The coin exchange is known for its fake volumes for completely different coins. I had to deal with her several times, each time I was faced with problems associated with strange order behavior.
When I tried to sell, my order always fell below the price I needed, while the trades were very active, but with the same periodicity in time and small amounts.