Mexc's manipulation of the market

8bgX...6vDM
3 Jan 2024
20

I want to share what I think with Mexc, First of all, Mexc has been charging 0 fee on spot since April 1, 2023, so where do these guys earn. There are 2 ways to do this, the first is by listing everything. When you give money, there is no coin that it cannot list, there is everything you are looking for. 2. On the futures side, he lists. leveraging garbage coins and earning by short long liq. Whenever a large short long is entered, it makes the movement it wants. Already the vast majority of its supply is in mexc, it is easy to manipulate the price. This has been known for years. He can't do this to btc eth kas ... He does what he can afford. In short, I don't think these guys will go bankrupt, they are already making millions of dollars, they will run away at most, but their damage to the cryptosector is great. The only way to get past the coins where the vast majority of the volume is in mexc is to be listed elsewhere.

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