Binance did it once more ... deleveraged my position

in LeoFinance4 years ago


Like seriously this sucks big time ... I was in to make a big fat payout from several of my pairs which were holding on to shorts just before the big dip on Sunday and I suddenly found out that my pairs were closed off earlier then expected.

Once that happened .. I get this notification from Binance !! Like W.T.F ...... Binance cut my gains because they are protecting themselves from taking too much of a loss ?

After searching more on this .. apparently Binance has been actively doing it to a lot of people and just in my small circle of trader friends ... I was not the only one getting these notifications of "ADL" . If you had high leverage you would be the first to get this notification ..

https://cointelegraph.com/news/traders-say-binance-cut-their-bitcoin-shorts-heres-why-it-happened

Hmm ... time to change my game plan .. cheers all .. hoping for another amazing week in trading !!

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Thank you for your support. We will be working for a new payout scheme for you soon. Keep your chins up and stay tune!

Time to change the exchange by the looks of it.
May I ask how much you leveraged, and what the expected payout might have been?

I only use Binance when my wallets on other exchanges are down - which generally means I don't use Binance.

Every since the Steem collusion, no way! Shady!

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