• Binance moves to block a key market manipulation tactic that makes a token look more popular than it actually is

    12 days ago - By Business Insider

    Binance CEO Changpeng Zhao. Andrey Rudakov/Bloomberg via Getty Images
    Binance announced a new feature intended to minimize a key form of market manipulation called self-trading.
    The Self-Trade Prevention function will block the execution of orders that would result in a self-trade.
    Also known as wash trading, the tactic is when one party trade with itself to create the perception of beefed up trading volume.
    Binance is launching a new function Thursday to block a key market manipulation tactic, the cryptocurrency exchange announced Tuesday. Called the Self-Trade Prevention Function, it is...
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