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Binance

Cryptocoins Exchanges / Binance 299 Views

To add to other bad experiences with Binance, here are my two cents:

  1. XYM fiasco- they froze funds for a month, not allowing withdrawals. Never hold anything on binance, especially for airdrop.
  2. Binance leveraged tokens fiasco- They scammed so many people in this, that there are currently multiple lawsuits ongoing agianst binance. The tokens do not work how they described at all and they froze trading and their buggy systems did not allow selling just before freeze. The tokens never recovered because of that. I think futures traders got same treatment.

Good thing that we have free market and there are many other exchanges with much better support and without greedy scammy behaviour.

I just dont understand, they earn so much from the fees, why do they need to screw their customers extra?

submitted by /u/kdepim
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