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Questions tagged [shill bidding]

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Lucia Lucia Thu Nov 14 2024 | 6 answers 910

What is shill bidding?

I recently encountered the term 'shill bidding' and I'm not quite sure what it means. Could someone explain to me what shill bidding is, and possibly provide some context or examples to help me understand it better?

What is shill bidding?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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