Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Binance Coin (BNB) => Topic started by: SRShanuka2020 on May 10, 2020, 03:49:22 PM

Title: Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened
Post by: SRShanuka2020 on May 10, 2020, 03:49:22 PM
Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened

(https://i.imgur.com/316cpSE.jpg)

As the Bitcoin (BTC) price abruptly dropped from $9,500 to $8,100, some traders on Binance claimed that their winning short trades were unfairly cut short.

A trader named AthenaBank wrote on May 10:

Visit For More info: Here (https://cointelegraph.com/news/traders-say-binance-cut-their-bitcoin-shorts-heres-why-it-happened)
Title: Re: Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened
Post by: rasangaya on May 11, 2020, 12:10:37 AM
Thank you for sharing your news with this news.
Title: Re: Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened
Post by: jonathancool220 on July 24, 2020, 10:13:12 PM
Claims like this must have strong evidence so that Binance can be fully responsible to us.
Then does this trader (AthenaBank) trade in the Spot, Margin or Future sections?

All parts of Spot, Margin and Future are clearly different rules of the game and I think AthenaBank is trading in the MArgin or Future section which could at any time be our liquid funds if it exceeds the limit of the minus price.
Title: Re: Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened
Post by: damsix on September 05, 2020, 08:18:23 PM
Quote from: jonathancool220 on July 24, 2020, 10:13:12 PM
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If we talk, we can easily say anything and it's not just in cryptocurrency but it's all about price fluctuation.

In cryptocurrency it is very difficult for a company to handle its coins if it is decentralized.
Because if all the coins are already in the market, the company can't do anything and people who have lots of coins are able to reverse the price of the coins.
Title: Re: Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened
Post by: highnayem34 on September 06, 2020, 05:55:24 AM
Quote from: SRShanuka2020 on May 10, 2020, 03:49:22 PM
Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened

(https://i.imgur.com/316cpSE.jpg)

As the Bitcoin (BTC) price abruptly dropped from $9,500 to $8,100, some traders on Binance claimed that their winning short trades were unfairly cut short.

A trader named AthenaBank wrote on May 10:

Visit For More info: Here (https://cointelegraph.com/news/traders-say-binance-cut-their-bitcoin-shorts-heres-why-it-happened)
There is many others claiming this, Hope that Binance didn't do any unfair with crypto community.
Title: Re: Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened
Post by: masudginanjar on November 20, 2020, 11:13:54 AM
I admit that I am not familiar with Short and Long trading because this is a type of Future trading, right?
I have never tried trading with the Future type because it looks like it is a very high risk trade, especially when applied to Binance coins.

Congratulations to those who are lucky from trading Short Binace coins and who are trading long maybe this time you are not lucky.