On March 25th, PANews reported that Binance issued a risk warning and compliance guidelines for cryptocurrency market makers. The article points out that projects should be wary of unusual behaviors such as premature or excessive selling that deviates from the established unlocking / distribution plan, one-sided sell orders, large-scale simultaneous selling pressure across multiple platforms, high trading volume with abnormally limited price fluctuations (suspected wash trading), and sharp price swings despite insufficient liquidity. Binance recommends that project teams conduct due diligence before selecting market makers, sign contracts clearly defining the intended use and compliance obligations, prohibit profit-sharing or guaranteed return models, and continuously monitor market-making activities after launch. If necessary, they should report to the exchange and cooperate with measures such as blacklisting to maintain market order and protect user interests.
Binance has released a risk guide for market makers, reminding project teams to be wary of illegal activities.
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Author: PA一线
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