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The Truth About Wash Trading in Crypto

Wash trading in crypto is when someone buys and sells the same currency to make it look like people are interested. It’s like pretending there’s a lot of action so others get tricked into joining in. Back in the early days this happened a lot. Nobody was watching and some exchanges even wanted it because it made them look busy.

These days it’s better but not perfect. There are rules now and some exchanges try to stop it but it still happens. People are smart about hiding it even though the blockchain shows everything if you know where to look.

The problem is wash trading messes things up. It makes people think prices are going up for a good reason but it’s fake. Real investors can lose money because of this. So if you see a coin blowing up is it real or just for show?

Our value lies in providing honest, reliable reviews of crypto trading platforms and projects by removing fake activity like wash trades from the data we analyze. This ensures the reviews you rely on are based on real, trustworthy activity. 

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Important Risk Note: Investing can generate significant gains; however, it also entails risks such as partial/full losses and should be considered carefully by new traders. Around 70% of the traders will lose their investments. Carefully read our Terms & Disclaimers and Privacy Policy before investing. Customers must understand their own personal tax liabilities in their country of residence before placing any trades. It is illegal to solicit U.S. citizens to trade commodity options without being properly licensed.