Hello everyone. I believe this is a rant from many here. I don't understand this futures settlement pattern that Binance uses. I tried to trade a few minutes ago, I entered a trade and had $166 in the account. After entering, when I went to place a stop order, it had already been liquidated 4 seconds after entering the trade. I had immediately lost $30 and $130 disappeared in the liquidation. That's more than 4x the value of the stop loss. In 4 seconds... Why don't they liquidate at the market then? Wouldn't it be fairer? Because even paying the liquidation fee I still wouldn't lose all my money that way, which took me a long time to save. Or don't let the little guys trade. #Binance #ceobinance #cz
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.