Can an exchange like Binance be manipulated ?

[seomaster5]

Sometimes I see binance offering like 20-30% returns for holding some coin. What is strange that they do this for new coins also. Can these coin teams be paying binance to do this ?

 

[Deleted member 999516]

Sometimes I see binance offering like 20-30% returns for holding some coin. What is strange that they do this for new coins also. Can these coin teams be paying binance to do this ?

We can’t know for sure, but most likely—yes, they are paying. It’s a marketing trick, and if the project has sufficient funds, why not?

 

[Melissam]

It is the most obvious

 

[RML]

Sometimes I see binance offering like 20-30% returns for holding some coin. What is strange that they do this for new coins also. Can these coin teams be paying binance to do this ?

Yeah, yeah.

 

[aristocratic]

Sometimes I see binance offering like 20-30% returns for holding some coin. What is strange that they do this for new coins also. Can these coin teams be paying binance to do this ?

Remember you get 20-30% of return in that specific coin, not in USDT!

So it all depends on the time of locking and what will the price be?

Lets say Before the Binance listing, the coin's price was $1. After the listing, the price skyrockets, and you buy the coin on Binance at $3.
You decide to lock your coins for 1 month with a promised return of 30%
At the end of the locking period, you receive 30% more coins.
After 1 month you have 130 coins.
Let’s say the coin's price drops 40% during this month due to market corrections. usually happens after Binance listing
The price falls from $3 to $1.80.

You now have 130 coins, but at a price of $1.80 per coin.


Total value = 130 coins × $1.80 = $234
You originally invested 100 coins × $3 = $300
Even with a 30% return in coins, the price drop means you lost money overall

 

[AlexKoro]

Sometimes I see binance offering like 20-30% returns for holding some coin. What is strange that they do this for new coins also. Can these coin teams be paying binance to do this ?

Staking work in another way.

If we talk about CEX manipulations they do in on futures and listings via MM.

 

[Bratt57]

Remember you get 20-30% of return in that specific coin, not in USDT!

So it all depends on the time of locking and what will the price be?

Lets say Before the Binance listing, the coin's price was $1. After the listing, the price skyrockets, and you buy the coin on Binance at $3.
You decide to lock your coins for 1 month with a promised return of 30%
At the end of the locking period, you receive 30% more coins.
After 1 month you have 130 coins.
Let’s say the coin's price drops 40% during this month due to market corrections. usually happens after Binance listing
The price falls from $3 to $1.80.

You now have 130 coins, but at a price of $1.80 per coin.


Total value = 130 coins × $1.80 = $234
You originally invested 100 coins × $3 = $300
Even with a 30% return in coins, the price drop means you lost money overall

You put in nicely and I believe this meme coins and rest pump and dump is all scam and there is rare people that are winners

 

[aristocratic]

You put in nicely and I believe this meme coins and rest pump and dump is all scam and there is rare people that are winners

To be a winner you gotta have the needed tools. Not the general ones the public know (phantom, dexscreener etc).

And most important "Lock In" , cause its no sleep season, no?!

 

[XWAPD]

Yes, exchanges like Binance can be influenced by various factors, including marketing deals with token projects. When Binance offers high returns (e.g., 20-30%) for holding certain coins, especially newer ones, it's often a strategy to boost interest and liquidity. The coin teams could potentially pay Binance or offer other incentives to promote their tokens. However, be cautious—high returns on new or obscure coins can sometimes be a red flag for volatility or unsustainable projects. Always do your research before committing.

 

[cryptom0]

every market can be manipulated

 

[nickjohn528]

Sometimes I see binance offering like 20-30% returns for holding some coin. What is strange that they do this for new coins also. Can these coin teams be paying binance to do this ?

Mate Binance charge higher fee than other exchanges. You can use mexc or bybit instead of Binance

 

[RichMedusa]

It can be manipulated for whales and huge players

 

[nsodo]

Sometimes I see binance offering like 20-30% returns for holding some coin. What is strange that they do this for new coins also. Can these coin teams be paying binance to do this ?

Yes, if volume and MC is low enough it can be manipulated quite easily.

 

[seomaster5]

Mate Binance charge higher fee than other exchanges. You can use mexc or bybit instead of Binance

Are they as reliable as Binance ?

 

[IrenePal]

Binance sometimes offers high returns for staking certain coins, especially new ones, because the projects often pay Binance to promote them. It’s a way for these projects to attract attention and get more people interested in their tokens. But keep in mind, those rewards are paid in the coin itself, so if the coin’s value goes down, you could still lose money even with the high returns.

 

[Nikolaos]

Sometimes I see binance offering like 20-30% returns for holding some coin. What is strange that they do this for new coins also. Can these coin teams be paying binance to do this ?

Yes the teams are paying extravagantly in order for people to adopt their coin and get the returns you've stated.

 

[seomaster5]

Yes the teams are paying extravagantly in order for people to adopt their coin and get the returns you've stated.

This ia recorded in balance sheet of binance or some hidden deal here ?

 

[shijin]

Could be part of a deal, Binance lists the coin, pumps it with staking rewards, and the dev team benefits from the liquidity boost