What Is Crypto Market Manipulation? Binance Explains Key Warning Signs

Binance, the world’s largest crypto exchange by volume released the guidance on Wednesday, outlining six behavioral red flags it says can indicate manipulation or misaligned incentives in market-making arrangements. The blog post targets both token issuers who hire market makers and retail users trading newly listed or volatile assets.

Market makers play a structural role in crypto markets. They post continuous buy and sell orders on trading pairs, tighten spreads, and absorb price swings — particularly on assets with lower trading volumes. Without them, thin markets become harder to navigate. Binance said the guidance is meant to help distinguish legitimate…