How does scalping affect the price of cryptocurrencies?

1 answers

• Nov 24, 2021 · 3 years ago
  At BYDFi, we understand the impact of scalping on cryptocurrency prices. Scalping can contribute to increased market liquidity and trading volume, which can be beneficial for traders and investors. However, it's important to note that scalping can also lead to market manipulation and unfair practices. To ensure a fair and transparent trading environment, BYDFi has implemented measures to detect and prevent market manipulation, including monitoring trading activities and implementing strict compliance procedures. We encourage traders to engage in responsible and ethical trading practices to maintain the integrity of the market.
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