Trying to Sell LEDU on Dcoin!! Fake Volume?

[lumeire]

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?

Thode are the boys buying and selling coins and they won't come in the order books as well, they only appear in the recent trades history and yes you can't sell your tokens to those bots. Your best option is to sell your coins to the highest bidder and nothing else. A lot of exchanges does this creation of fake volume to attract more people to use their exchange and when they realize that the volumes are fake, it is too late and they already have deposited their tokens on that exchange.

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[alik111]

Decoin has many bad reviews because of fake volume and fishy behavior.So it's better to go for another exchange which is not a new exchange and should have good reviews.Or you can wait for next exchange where it will be listed.

[Silberman]

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?

Unless you are dealing with a trusted exchange this is what should be expected, many exchanges fake their volume with the hope of bringing more clients to their platform but while this may work short term and they may deceive a person or two after people realize what it is happening they will immediately leave the platform for good, if you can get your tokens outside that exchange as I will not be surprised if they tried to keep them by trying to force you to go through KYC.

[Zazzu]

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

[Chuky92]

It is really annoying to witness those kinds of trading experience but that's the way things are on many exchanges, if I recall correctly Bilaxy, P2PB2B etc are on the same list with Dcoin. To clear your curiosity, yes they are using trading bots because there is no other explanation which suits what happened to you. I suggest you do this, if you really want to sell, no matter the price, then choose the created orders yourself, that is, cancel your order, then from the already created buy orders choose any, it will execute, continue that way until you are done.

[btcholder]

How is it possible? are they using bots for showing fake volume??

Can anyone explain?

Hell yes those are fake volumes. And you can see those things in many shit exchanges like Exmarkets, Coinbits, p2pb2b, Probit and more. Sometimes i also try to sell some new coin in new exchange and that shit happen every time. People don't use those exchanges for real trade. Those exchanges just for shit coins. It's better be wait sometimes if your holding good coin so don't try to trade there otherwise you'll lose all of your asset.

[bitterguy28]

How is it possible? are they using bots for showing fake volume??

Can anyone explain?

Hell yes those are fake volumes. And you can see those things in many shit exchanges like Exmarkets, Coinbits, p2pb2b, Probit and more.

All bot, you  only recognized it once you already dealing with this exchange, you are just trapped sending your tokens.

Sometimes i also try to sell some new coin in new exchange and that shit happen every time. People don't use those exchanges for real trade.

Mostly, those hunters and those who are into early stage of investment ends up selling coin even value is really low.

Those exchanges just for shit coins. It's better be wait sometimes if your holding good coin so don't try to trade there otherwise you'll lose all of your asset.

If you don't have any other choice and you are hurrying to liquidate those coin, it's your only option.

[Idrix1]

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?

This is the action of bots, low volume and low liquidity. I've had similar experience with dcoin exchange, idex, bilaxy, and even probit. These exchanges are known for fake volumes and wash trading, often atimes trade dosen't happen on certain market but their trading bots often record it in history and that's the reason why people don't use those exchange for mega trading as only low end projects seems to list on them

[Traderbtcc]

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?

Alot of exchanges normally use bot to create fake trade volume, these happens in both old and new exchanges, Dcoin exchange is not an exception, and apart from the fake volume on Dcoin, on the other hand I heard Ledu is not a good token, even its trust score on coingecko is really poor:, I think you should stay away from such exchanges, try moving your coin to a more trusted exchange where there is high liquidity and real buyers.

[Finestream]

I have 15000 LEDU token to sell.

Looks like you are late in dumping this coin, based on its previous price or its ATH, the current price is only 10% of it, so you are just selling all you have to a small amount now. per CMC, the price is 0.00000051 BTC but per exchange, it's only 0.00000020128 as for sure with this huge buy order, it simply means this coin is already at a dump.

so if you will sell at that rate, you will only get BTC0.0030192 which is equivalent to 27.66 USD, very low but you can get your money right away than waiting for your sell order to be filled.

LOOK - https://www.dcoin.com/currencyTrading/LEDU_BTC

I think that LEDU should look for another exchange to list their coins.

Most small projects doesn't really look for a good exchanges, first, they can't afford it, 2nd they are not interested anymore as they already made money.
I don't know about LEDU but I think if they are a good team, they will just focus on the improvement of the project and just find a good exchange when the market starts to be bullish again, I think that's the right timing.

however, I feel the same way. Well, this might be a reminder for other projects that are trying to register on Dcoin. however, if Dcoin is a good exchange, they will correct this.

I don't want to judge the exchange as I have never used it before, but they are not a good example of exchange with good reputation the way I see it based on the previous posts.

[Shasha80]

This is the risk of using unpopular exchanges, exchange like Dcoin has fake volume to attract users. So what you experience
when trading LEDU tokens there is no volume, there are trading transactions carried out by bots. So someone bought a lower
LEDU token than you, even though in the order book no one sells lower than you. Now you have to wait for LEDU to list on other
exchanges, which do have real volume.

[BayAngelo]

Sorry but don/t you think tou are already dumping the tokens you just earned from the bounty. it is your reward but that is too quick to dump immediately you got your rewards.
i do use dcoin exchange and all my trades are been executed already immidattely but that does not buttress the fact that the exchange allows bot trading. 

[chanc3r]

Sorry but don/t you think tou are already dumping the tokens you just earned from the bounty. it is your reward but that is too quick to dump immediately you got your rewards.
i do use dcoin exchange and all my trades are been executed already immidattely but that does not buttress the fact that the exchange allows bot trading. 

That depends on how much the demand for such coin. OP needs a lot of time to see his order to be executed while he was no only the participant who can dump the market and it's better for him to dump it before it was getting eaten by others.

[Cryptomonger]

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?

Dcoin is knowm notoriously for there bots, fake volumes as well as wash trading across the entire crypto space and that's why people mostly avoind them and opt for good exchanges with good volume and liquidity only shit projects list on Dcoin. There are other exchange with similar bot activities amd wash trading such as P2pB2b, idex and bilaxy. My advice is you should stay as much far away from those exchanges

[andycarrol]

Sorry but don/t you think tou are already dumping the tokens you just earned from the bounty. it is your reward but that is too quick to dump immediately you got your rewards.
i do use dcoin exchange and all my trades are been executed already immidattely but that does not buttress the fact that the exchange allows bot trading. 

That depends on how much the demand for such coin. OP needs a lot of time to see his order to be executed while he was no only the participant who can dump the market and it's better for him to dump it before it was getting eaten by others.

well the price movement of cryptocurrency is only dependent on demand meaning when there are no buyers the price will not go up therefore the developer must try very hard to be able to raise the price possible by providing updates and providing venets that can trigger people to buy and do full support on the platform that is being worked on, so wait until the price rises and you can get a lot of profit.

[tippytoes]

Sorry but don/t you think tou are already dumping the tokens you just earned from the bounty. it is your reward but that is too quick to dump immediately you got your rewards.
i do use dcoin exchange and all my trades are been executed already immidattely but that does not buttress the fact that the exchange allows bot trading. 

That depends on how much the demand for such coin. OP needs a lot of time to see his order to be executed while he was no only the participant who can dump the market and it's better for him to dump it before it was getting eaten by others.

well the price movement of cryptocurrency is only dependent on demand meaning when there are no buyers the price will not go up therefore the developer must try very hard to be able to raise the price possible by providing updates and providing venets that can trigger people to buy and do full support on the platform that is being worked on, so wait until the price rises and you can get a lot of profit.

And also, for me, there's no nothing wrong if the bounty hunter wants to get rid of his share. As we all know, most rewards go worthless if you haven't discarded it at the beginning of trading. So better sell it in the market while there is still value, rather than wait for nothing.

[Cherylstar86]

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?

It also made me wander why this coin wasn't able to obtain a good volume, despite of having been listed at coinmarketcap. Looking for an explanation, maybe it's better to seek attention from those forum members who are part of this project campaign. What we can contribute to this topic was only ideas and reactions for the visible aspects of this token.

[Saisher]

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?

They are and you can expect that to lowly exchange they pump volume to make them looks good in the eyes of traders and developers, but no mistake about it they are using fake bots to boost their volume, who would want to trade on an exchange with no activity, your suspicious is right.

[jcpone]

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?

Sorry buddy for your experienced in that matter. Next time you used exchange make sure it is one of the top in the market.
Does LEDU don't have any other exchange options to trade for? But as long as you can sell your coin's there do it! before the volume
will be gone.

[smyslov]

Sorry buddy for your experienced in that matter. Next time you used exchange make sure it is one of the top in the market.
Does LEDU don't have any other exchange options to trade for? But as long as you can sell your coin's there do it! before the volume
will be gone.

Holders who are trading in lowly rated exchange should have something to worry, once the exchange is gone or they have no liquidity because low rated exchange can hardly attract traders, then you are at a loss and you will have to wait for a new exchange to come along and pray that it will not take long.