📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
PANews news on June 19, according to the Financial Times, according to five sources, the Singapore encryption exchange Crypto.com has a proprietary trading and market-making team that conducts token transactions for profit. Crypto.com executives issued sworn statements to other outside trading firms that "Crypto.com does not engage in trading" and that its employees were asked to "say that there are no internal market maker-type operations," but the exchange's own The only goal of the camp deal team is to "make money not facilitate deals".
Crypto.com responded by saying: “Employees are not asked to lie to other market participants. We have an in-house market maker that operates on the Crypto.com exchange that is treated the same as third-party market makers Exactly the same, they likewise facilitate low spreads and efficient markets on our platform. This is not a controversial practice. Crypto.com is the client's counterparty and operates on a broker model. Therefore, Crypto.com trades The team ensures that Crypto.com is risk-neutral by hedging these positions on multiple venues, including the Crypto.com Exchange. Participants on the platform, including market makers, are treated equally. The company does not rely on proprietary trading as a source of income."
It is reported that in most markets, the exchange matches buyers with sellers at the most competitive and transparent prices. Market makers and proprietary trading are usually conducted by independent private companies.