toobit.com

2.5
2.5 Based on 76 reviews

...

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Roderick B.
Serious Concerns About Exchange Practices

I am raising a significant issue regarding the exchange. On date, the XRP/USDT chart on the platform showed multiple fictitious candles that were not present on TradingView or other major exchanges. These manipulated candles led to forced liquidations for many users, myself included. I possess screenshots that demonstrate:
1. Abrupt fake spikes (pump/dump) unique to this platform.
2. After a short period, the candles were quietly adjusted.
3. The exchange acknowledged the problem but only refunded 5 USDT, despite the actual losses being much greater. This conduct suggests market manipulation, unfair trading practices, and a lack of transparency. I urge an official investigation into the exchange regarding:
- Generation of fake candles
- Market manipulation
- Causing user liquidations
- Misleading price information

1
Date of experience: Dec 07, 2025

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