> I don't think that Binance is wash-trading
Given most of these exchanges are completely unregulated and typically go to great lengths to conceal their identities.... you know they aren't wash-trading how exactly?
Given most of these exchanges are completely unregulated and typically go to great lengths to conceal their identities.... you know they aren't wash-trading how exactly?
https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca2...
I'd say they all have every single incentive to wash-trade, front-run, and otherwise cheat the hell out of their system to their advantage. After all, they are completely unregulated and almost always operate well outside any jurisdiction who would care to go after them. I'd say you'd be silly to assume they aren't doing ultra-shady crap.
With most things bitcoin you are either the one doing the scamming or the one being scammed. Often you can even play both roles! It is what keeps the ecosystem interesting!
https://cryptopotato.com/95-of-bitcoin-trading-volume-is-fak...