wash trades
wash trades is the plural of wash trade.
Meaning of wash trade
Noun
wash trade (plural wash trades)
- A trade in which someone simultaneously sells and buys (from themselves) the same financial instruments, to create misleading, artificial activity in the market (especially to make the instruments appear to be frequently traded and in demand).
- To do so, you plan to list the NFT for sale and buy it from yourself at a buzzworthy sum—say, for 1,000 ETH. If you already have a lot of crypto wealth, you can easily execute this wash trade by simply purchasing the NFT from yourself using a second account.2022, Seoyoung Kim, DeFi For Dummies, John Wiley & Sons, →ISBN, page 116
Questions about wash trades
- What is wash trades the plural of?
- Wash trades is the plural of wash trade.
Words near wash trades in the dictionary
Source and license
Adapted from Wiktionary: wash trades (page history and authors); wash trade (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “wash trades.” Word.ws, https://word.ws/wash_trades. Based on Wiktionary, CC BY-SA 4.0.
