How does spoofing affect the price of cryptocurrencies?

1 answers

• Mar 08, 2022 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi takes market manipulation, including spoofing, very seriously. Spoofing can have a detrimental effect on the price of cryptocurrencies and the integrity of the market. It is important for traders and investors to be aware of the risks associated with spoofing and to report any suspicious activities. BYDFi has implemented robust surveillance systems to detect and prevent spoofing on our platform. We are committed to maintaining a fair and transparent trading environment for all our users. If you suspect any instances of spoofing or market manipulation, please contact our support team immediately.
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