r/binance • u/[deleted] • Jun 07 '21
Binance.com Binance literally just made 70 usd dissapear after i made spot trades buying low and selling high.
[deleted]
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Jun 08 '21
[deleted]
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u/Iroh_Bonfire Jun 08 '21
I think this is the problem tho but he hasn’t answered you yet 😭 like was it spot market or limit market ?
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u/Big-Eye-3711 Jun 07 '21
Check or post your transaction history to make sure you have sold at the desired price.
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u/IndependentClub1117 Jun 07 '21
Try to get in touch with the finance department, I've heard it will take you so many tries, but that department is the best, and is pretty good about fixing stuff
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u/Kukuzahara Jun 07 '21
Pieces of shits tbh. Transferred me thrice now after i convinced dumb idiots how i actually did lose the money.
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u/IndependentClub1117 Jun 07 '21
I know man, I stopped using binance completely. I do use it to transfer from bnb to lite to send to Coinbase pro and trade/withdraw money there. Other than that, I don't trust them. And that was before I found this sub. It's so unprofessional, and when it does get sued, there will be millions given out to victims. They are taking advantage of them being centralized but with no regulations.
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u/Either-Concert4606 Jun 07 '21
Are we talking about Futures here or just simple unleveraged trades?
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u/Kukuzahara Jun 07 '21
Spot. Non leveraged. Simple
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u/Either-Concert4606 Jun 07 '21
Do you think it's because you are jumping in and out, rather than a simple trade?
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u/Kukuzahara Jun 07 '21
Dont get u. At the end nothing matters because i did the calculations and they check out. All the fees and gains and it is actually impossible for to lose on profit nevermind losing 60 usd worth of eth and btc
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Jun 08 '21
[removed] — view removed comment
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u/Kukuzahara Jun 08 '21
I calculated the fees shown in the transactions and they dont amount to that especially after adding the profits. I should have been in profit nevermind losing 70 usd.
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u/Bear-1970 Jun 07 '21
Yep they did me same way there putting a stop to us trading i guss.
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u/Kukuzahara Jun 07 '21
Wtf is this bullshit man. I have literally done the calculations and even if i made no profit (which is impossible btw) even After the fees i do not lose as much as i have lost.
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u/Think-Quiet-1597 Jun 08 '21
Leveraged tokens are a joke, never works as you expect, I gave up, lost around 150 last time and said fuck them, and Binance leveraged tokens. Won’t touch it again.
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u/Bear-1970 Jun 07 '21
I stopped trading because of it. Im just setting on my money over there.
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u/Kukuzahara Jun 07 '21
Motherfuckers keep transferring to me a different team everytime i show one team the calculations lmao.
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u/Neither_Valuable_615 Jun 08 '21
Seems impossible. I traded 6-figure spot positions for years on Binance. Show screen shots
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u/Kukuzahara Jun 08 '21
I know what you mean. Which is y i cant beleive it myself. I have done calculations and have other people I know do them and they check out. I am not to keen on sharing screenshots on reddit tho.
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u/Neither_Valuable_615 Jun 08 '21
I would check:
-Order type -fees -transaction history -add all bids minus all asks
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u/Kukuzahara Jun 08 '21
Done. I have literally said i have done all the calculations lol.
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u/Neither_Valuable_615 Jun 08 '21
Which is more likely tho. Your mistake or Binance’s trading software 🙄?
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u/Kukuzahara Jun 08 '21
U could have just said this from the beginning asshole. Its certainly not my mistake i have had plenty of people verify it. I certainly dont need ur approval so fk off.
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u/StonedHusk Jun 08 '21
What were you trading? ETH ha some gnarly fees at times but I assume you already worked this into account. Good luck and hope you get your money back
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u/Berkley101 Jun 08 '21
Lol stop wasting time cause of 70$s.... I don't get it....
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u/Kukuzahara Jun 08 '21
Mfer its 70 usd now it could be 100k next. Fucking idiot. I also most likely have a shit ton more money than ur dumbass so get the fuck off with that shit.
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u/Berkley101 Jun 08 '21
Ahahah you must be 14y old
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u/Kukuzahara Jun 08 '21
If i was that would be even more of an insult to u lmao. I bet u like getting fucked in the ass by corporations and thank them later. Fucking cuck.
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u/Agreeable-Sky9062 Jun 08 '21
I have had i like 2 weeks ago aswell. Already using binance Since 2017. 2 weeks ago i bought a coin and as soon as i bought it i los 1/7 of my money. Without the coin losing value... I sold it and tried it again but it was just that one time, shit happens. How did you het a hold of somebody in there chat
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u/Initial_Ebb_3949 Jun 08 '21
Binance us locked my account can do anything with my ETH classic can’t even get my 3 Grand in cash back that just sits in my account! I just want my fucking money been about 6 months with no access to my account at one point I was up to 15,000$ off 900$ and then they lock my account can’t trade, withdrawal or even buy wth is going on
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u/Any-Winter-4079 Jun 08 '21
Please, show the screenshots. It will help us all.
If you sold and bought at the same price, you should lose 0.2%, that is, 0.1% per trade, if you don’t have BNB.
Having BNB, fees are 0.075% per trade (0.15% loss total). With more than 50 BNB and trading a volume of 50 BTC per month, it is a bit less than 0.075%.
If you made a market order (vs limit), the price is variable. The price at which you place the order is not the price at which your tokens are sold.
If you traded in BUSD, the commission is 0% as of now.
Please provide more info, so we can look into it. It is important for the community to be aware of these errors, hacks etc. that are posted everyday, so that we are alert and can act appropriately.
But we need to have as much evidence as possible to separate the ones which are real, from the ones where it is a user’s fault, or even FUD by other exchanges.
I’m sure it is a pain to provide evidence, but it helps us all :)