Wash Trading

Please note that wash trading is not permitted when trading on Bluefin. It is illegal when done intentionally and also violates Bluefin’s terms of use.

Bluefin uses a number of methods to identify potential wash trading, including analyzing suspicious trading behavior. Any two accounts that have most of their volume directly trading against one another will be flagged as wash traders. Bluefin will manually inspect these accounts to ensure that they are intentionally wash trading.

Once a trader, or multiple traders, have successfully been identified as conducting restricted trading activity, they will be prohibited from earning rewards on volume during that week. Not only is intentional wash trading illegal in most jurisdictions, it’s unfair to others who are also earning rewards through the Trade and Earn program.

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