What is Wash Trading, How it Works and How do you Identify Wash Trades?

Key takeaways: Wash trading refers to an illegal form of trading where a broker and trader collude and profit by providing the market with misleading information. Cryptocurrency exchanges and high-frequency trading firms conduct it to manipulate prices. Introduction There are several ways market participants attempt to manipulate the price in their favor. One of the The post What is Wash Trading, How it Works and How do you Identify Wash Trades? appeared first on CoinGape .