Changpeng Zhao
Binance CEO Changpeng Zhao.
  • Binance announced a new feature intended to minimize a key form of market manipulation called self-trading.
  • The Self-Trade Prevention function will block the execution of orders that would result in a self-trade. 
  • Also known as wash trading, the tactic is when one party trade with itself to create the perception of beefed up trading volume. 

Binance is launching a new function Thursday to block a key market manipulation tactic, the cryptocurrency exchange announced Tuesday.