Crypto Exchange YoBit Will Randomly Pump Coins ...

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YoBit Review: Key Features. YoBit is a popular cryptocurrency exchange that supports lots of cryptocurrencies, payment methods, and features. According to the most popular coin index site, CoinMarketCap.com, YoBit is one of the top ten exchanges in terms of traffic, liquidity, and trading volume.While it does not support complex trading functions like trading with leverage, it does come with ... Pump And Dump. Everybody in the crypto-community knows about pump and dump, it is frowned upon and most governments would file a lawsuit for the accusation. Moreover, Yobit on Thursday announces, We will buy one random coin for 1 BTC every 1-2 mins 10 times (total buy amount – 10 BTC). The original tweet for your confirmation. pump phase of the fraud. YoBit is the exchange where most of pump and dump op-erations happen, while Binance is the most popular exchange among all groups. Each pump and dump group tends to use the same exchange. Indeed, if the groups jumped from one exchange to the other, the members would be forced to move their assets accordingly and pay the related fees. The pump and dumps on currencies ... Pump and dump schemes are very popular in the cryptocurrency market. It is believed that they badly affect crypto as a whole, however, some people can get good money using these schemes. Today, crypto exchange YoBit has announced that it will start YoBit Pump in 22 hours providing a link to the so-called pump timer. YoBit ist ein Kryptowährungsbörse, die entwickelt wurde, um Altmünzen einfach zu handeln. Wenn Sie mit Binance und seiner Handhabung vertraut sind, werden Sie sich mit YoBit wohlfühlen. Bevor Sie weiterlesen, sollten Sie wissen, dass YoBit in letzter Zeit viele Beschwerden von Nutzern gegen sie eingereicht hat und sogar Gegenstand von Klagen war, die zu behördlichen Untersuchungen ... Pump and dump scandal. In October 2018, YoBit made headlines in the crypto world when it announced on Twitter that it would pump random coins on its own exchange. So-called “pump and dump” scams manipulate the price of a cryptocurrency through false or exaggerated statements. Yobit’s pump and dump event is no doubt a marketing gimmick designed to increase trading activity on the platform and, sadly, it appears to be working. In the time it took to write this article ...

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