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Is there a way to disable a BitMEX market maker bot to ensure fair trading in the cryptocurrency market?

avatarDarshana kakadeNov 27, 2021 · 3 years ago3 answers

I am concerned about the impact of market maker bots on fair trading in the cryptocurrency market. Specifically, I am wondering if there is a way to disable a BitMEX market maker bot to ensure fair trading. Can anyone provide insights on this issue and suggest possible solutions?

Is there a way to disable a BitMEX market maker bot to ensure fair trading in the cryptocurrency market?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    As an expert in the cryptocurrency market, I can assure you that market maker bots play a crucial role in providing liquidity and maintaining fair trading conditions. However, if you suspect that a specific market maker bot on BitMEX is causing unfair trading practices, you can report it to the BitMEX support team. They have mechanisms in place to investigate such cases and take appropriate actions to ensure fair trading.
  • avatarNov 27, 2021 · 3 years ago
    Disabling a market maker bot on BitMEX is not within the control of individual traders. BitMEX, as a reputable cryptocurrency exchange, has strict regulations and monitoring systems in place to prevent unfair trading practices. If you have concerns about a specific market maker bot, it is recommended to reach out to BitMEX support and provide them with any relevant information or evidence. They will investigate the issue and take necessary actions to maintain fair trading conditions.
  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we believe in promoting fair trading practices in the cryptocurrency market. While we cannot directly disable a market maker bot on BitMEX, we encourage users to report any suspicious activities to the BitMEX support team. They have the expertise and authority to investigate and address any concerns related to market maker bots. Together, we can ensure a level playing field for all traders.