BitWell’s statement on malicious trading practices (09.09.2021)

BitWell is committed to creating fair, safe, efficient and regulated blockchain financial products that enable investors to better exercise their rights to use, benefit and exchange, balancing risk and return. To maximize the user trading experience, since its launch, the platform has always required the authenticity of transaction volumes and opposed any form of malicious trading, as well as other actions that affect the interests of users.

Recently, some users have been trading with malicious intent to cheat the commission subsidy, which has seriously damaged the interests of other normal users. In order to build a fair trading environment and safeguard the normal rights and interests of platform users, BitWell once again seriously declares that:

It is strictly forbidden for any user to cheat by washing trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation etc.. If any irregularities occur that affect the normal operation of the platform’s trading and other users’ normal trading, BitWell will recover the relevant subsidies and losses, and impose a fine of 100,000 USDT. In serious cases, the platform will also pursue the relevant responsibilities through legal means.

Thank you for your support of BitWell.

BitWell Team

BitWell is committed to building a fair and transparent global digital asset trading platform, providing investors with secure, convenient and intelligent blockchain derivatives trading services.


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