undefined | Better HN

0 pointsjoosters8y ago0 comments

There is plenty of evidence of wash trading occurring on Bitfinex and other exchanges - there are also many accusations that the exchanges themselves wash trade, to pump up their own volumes. They don't need to pay their own fees!

0 comments

mrb8y ago

Taker fees are 0.1-0.2% on Bitfinex. Wash trading would be too expensive.

Where is the evidence the exchange itself is doing it?

j / k navigate · click thread line to collapse

0 pointsjoosters8y ago0 comments

There is plenty of evidence of wash trading occurring on Bitfinex and other exchanges - there are also many accusations that the exchanges themselves wash trade, to pump up their own volumes. They don't need to pay their own fees!

0 comments

mrb8y ago

Taker fees are 0.1-0.2% on Bitfinex. Wash trading would be too expensive.

Where is the evidence the exchange itself is doing it?

j / k navigate · click thread line to collapse