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Dear Binance CEO Mr. Richard Teng, President Ms. He Yi, and the Binance management team:
Hello!
I am a customer of Binance. I would like to provide some feedback and hope you can reply and assist in addressing my concerns. Last night: on January 5, 2025, Beijing time, while trading the contract HIVEUSDT, I opened a relatively large short position, due to concerns about a potential upward spike, which led to the contract being liquidated. At 20:41:53 and 20:45:24, 20:45:35 on January 5, 2025, I opened long positions in HIVEUSDT to hedge, and at that time my account balance was over 2000 USDT. Based on approximately sixty percent of the amount I selected, I should have been able to hedge and protect the large short position from being forcibly liquidated. However, there was a software glitch, and the long positions were not fully executed, resulting in the contract being liquidated when HIVEUSDT spiked to 0.62900. I was liquidated at a price of 0.6283730, due to a slight price difference. Afterward, I reviewed the position history, order history, historical transactions, fund flows, funding fees, and time-segmented order history, and found that only the time-segmented order history was blank, while the others had records. I clearly remember executing three long positions of approximately 2000 USDT for around sixty percent hedging, but none were fully executed, leading to the anticipated decline in HIVEUSDT being liquidated due to a slight price difference.
I hope that the time-segmented order history can be retrieved from the backend for verification. Due to the software not executing the buy orders in time for hedging, leading to the contract being liquidated, I hope the platform can compensate for the loss of one hundred thousand yuan. If the trading was interfered with by a hacker, I hope the platform can activate the SAFU special fund for compensation. If there is no time-segmented order history in the backend, I hope the Binance platform can improve its record-keeping to fill in the gaps, continually enhancing itself and becoming a world-class enterprise. Let all digital currency enthusiasts around the world trade with peace of mind.
Finally, I hope the Binance platform can provide feedback and continually improve the system, fix bugs, and provide customers with a better experience, becoming a world-class enterprise. I will continue to follow up until I receive a response and resolution.
Hello!
I am a customer of Binance. I would like to provide some feedback and hope you can reply and assist in addressing my concerns. Last night: on January 5, 2025, Beijing time, while trading the contract HIVEUSDT, I opened a relatively large short position, due to concerns about a potential upward spike, which led to the contract being liquidated. At 20:41:53 and 20:45:24, 20:45:35 on January 5, 2025, I opened long positions in HIVEUSDT to hedge, and at that time my account balance was over 2000 USDT. Based on approximately sixty percent of the amount I selected, I should have been able to hedge and protect the large short position from being forcibly liquidated. However, there was a software glitch, and the long positions were not fully executed, resulting in the contract being liquidated when HIVEUSDT spiked to 0.62900. I was liquidated at a price of 0.6283730, due to a slight price difference. Afterward, I reviewed the position history, order history, historical transactions, fund flows, funding fees, and time-segmented order history, and found that only the time-segmented order history was blank, while the others had records. I clearly remember executing three long positions of approximately 2000 USDT for around sixty percent hedging, but none were fully executed, leading to the anticipated decline in HIVEUSDT being liquidated due to a slight price difference.
I hope that the time-segmented order history can be retrieved from the backend for verification. Due to the software not executing the buy orders in time for hedging, leading to the contract being liquidated, I hope the platform can compensate for the loss of one hundred thousand yuan. If the trading was interfered with by a hacker, I hope the platform can activate the SAFU special fund for compensation. If there is no time-segmented order history in the backend, I hope the Binance platform can improve its record-keeping to fill in the gaps, continually enhancing itself and becoming a world-class enterprise. Let all digital currency enthusiasts around the world trade with peace of mind.
Finally, I hope the Binance platform can provide feedback and continually improve the system, fix bugs, and provide customers with a better experience, becoming a world-class enterprise. I will continue to follow up until I receive a response and resolution.
See original
Dear Ms. He Yi: I have discovered a security vulnerability in Binance and have organized the information and sent it to the email you specified! I hope you can fulfill your promise, deliver the rewards, optimize the system, create a more fair and transparent Binance trading platform, and build Binance into a world-class enterprise that can operate steadily and sustainably!
Yi He
--
If we disagree, you're probably right.
1. Is the cryptocurrency world going to end?
Recently, many posts in the industry that are pessimistic about blockchain are very popular. Many people outside the industry are asking me if the blockchain scam is over? People in the industry are asking if the industry has no future? What stage of the cycle are we in? Compared with good news, bad news is more likely to make headlines, and bad news is also more likely to get more traffic and attention. What is more worthy of ridicule than people in the cryptocurrency circle pessimistic about the cryptocurrency circle? These behaviors and emotions are constantly contagious, engulfing traffic and intensifying. Even some OG retirements have been magnified as evidence that "the cryptocurrency circle is over." Some industry-firm idealists also reveal anxiety and confusion in their chats with me.
Recently, many posts in the industry that are pessimistic about blockchain are very popular. Many people outside the industry are asking me if the blockchain scam is over? People in the industry are asking if the industry has no future? What stage of the cycle are we in? Compared with good news, bad news is more likely to make headlines, and bad news is also more likely to get more traffic and attention. What is more worthy of ridicule than people in the cryptocurrency circle pessimistic about the cryptocurrency circle? These behaviors and emotions are constantly contagious, engulfing traffic and intensifying. Even some OG retirements have been magnified as evidence that "the cryptocurrency circle is over." Some industry-firm idealists also reveal anxiety and confusion in their chats with me.
See original
It may also be that the HIVEUSDT contract is taking technical restriction measures to blow up others' positions!
Dear Binance CEO Mr. Richard Teng, President Ms. He Yi, and the Binance management team:
Hello!
I am a customer of Binance. I would like to provide some feedback and hope you can reply and assist in addressing my concerns. Last night: on January 5, 2025, Beijing time, while trading the contract HIVEUSDT, I opened a relatively large short position, due to concerns about a potential upward spike, which led to the contract being liquidated. At 20:41:53 and 20:45:24, 20:45:35 on January 5, 2025, I opened long positions in HIVEUSDT to hedge, and at that time my account balance was over 2000 USDT. Based on approximately sixty percent of the amount I selected, I should have been able to hedge and protect the large short position from being forcibly liquidated. However, there was a software glitch, and the long positions were not fully executed, resulting in the contract being liquidated when HIVEUSDT spiked to 0.62900. I was liquidated at a price of 0.6283730, due to a slight price difference. Afterward, I reviewed the position history, order history, historical transactions, fund flows, funding fees, and time-segmented order history, and found that only the time-segmented order history was blank, while the others had records. I clearly remember executing three long positions of approximately 2000 USDT for around sixty percent hedging, but none were fully executed, leading to the anticipated decline in HIVEUSDT being liquidated due to a slight price difference.
I hope that the time-segmented order history can be retrieved from the backend for verification. Due to the software not executing the buy orders in time for hedging, leading to the contract being liquidated, I hope the platform can compensate for the loss of one hundred thousand yuan. If the trading was interfered with by a hacker, I hope the platform can activate the SAFU special fund for compensation. If there is no time-segmented order history in the backend, I hope the Binance platform can improve its record-keeping to fill in the gaps, continually enhancing itself and becoming a world-class enterprise. Let all digital currency enthusiasts around the world trade with peace of mind.
Finally, I hope the Binance platform can provide feedback and continually improve the system, fix bugs, and provide customers with a better experience, becoming a world-class enterprise. I will continue to follow up until I receive a response and resolution.
Hello!
I am a customer of Binance. I would like to provide some feedback and hope you can reply and assist in addressing my concerns. Last night: on January 5, 2025, Beijing time, while trading the contract HIVEUSDT, I opened a relatively large short position, due to concerns about a potential upward spike, which led to the contract being liquidated. At 20:41:53 and 20:45:24, 20:45:35 on January 5, 2025, I opened long positions in HIVEUSDT to hedge, and at that time my account balance was over 2000 USDT. Based on approximately sixty percent of the amount I selected, I should have been able to hedge and protect the large short position from being forcibly liquidated. However, there was a software glitch, and the long positions were not fully executed, resulting in the contract being liquidated when HIVEUSDT spiked to 0.62900. I was liquidated at a price of 0.6283730, due to a slight price difference. Afterward, I reviewed the position history, order history, historical transactions, fund flows, funding fees, and time-segmented order history, and found that only the time-segmented order history was blank, while the others had records. I clearly remember executing three long positions of approximately 2000 USDT for around sixty percent hedging, but none were fully executed, leading to the anticipated decline in HIVEUSDT being liquidated due to a slight price difference.
I hope that the time-segmented order history can be retrieved from the backend for verification. Due to the software not executing the buy orders in time for hedging, leading to the contract being liquidated, I hope the platform can compensate for the loss of one hundred thousand yuan. If the trading was interfered with by a hacker, I hope the platform can activate the SAFU special fund for compensation. If there is no time-segmented order history in the backend, I hope the Binance platform can improve its record-keeping to fill in the gaps, continually enhancing itself and becoming a world-class enterprise. Let all digital currency enthusiasts around the world trade with peace of mind.
Finally, I hope the Binance platform can provide feedback and continually improve the system, fix bugs, and provide customers with a better experience, becoming a world-class enterprise. I will continue to follow up until I receive a response and resolution.
See original
If transactions like #CKB助力比特币生态 Bitcoin can improve the current situation of restricted deposits and withdrawals, they can achieve significant development and progress! They may even surpass traditional securities investments! Leading the future requires creating a good development environment!
See original
Cryptocurrency should give full play to its beneficial value in the market! Continuously expand the scope of recognition and build bridges between legal currencies! Effectively deal with the impact of the side effects of government regulation! Let the currency circulate online. We should continue to solve the difficulties and problems encountered in transactions and improve the efficiency of capital circulation! For example, establish a large market maker system, establish connections with large shopping platforms, etc.!
See original
Regarding the unfair treatment of Zhao Changpeng, the richest Chinese, by the US government, my view is: This is the same as the US military stealing oil in Syria! Neither is glorious! For government agencies, they cannot do anything without authorization, and for social people, they can do anything unless prohibited by law! Digital currency is a new thing! If the US government believes that Binance is not standardized, it should make it clear through legislation in the field of digital currency, and regulate and supervise it through legislation! A small amount of illegal funds circulate through Binance, but Binance cannot be demonized. We must distinguish between the mainstream and the tributaries, and see the positive role of innovation in the process of global development. If innovation can greatly improve the efficiency of banking services, or replace banks or stock exchanges, and I am the president of the World Bank, then I will open my heart and warmly welcome and embrace the arrival of new technologies!
See original
Your first international transaction payment code! Innovation makes the world a village!
See original
Bitcoin and other digital currency transactions should explore a smoother deposit and withdrawal mechanism! The limited deposit and withdrawal in real transactions will prevent countless people from giving up deposit transactions! It is necessary to explore large market makers and build bridges between traditional commercial banks! It can greatly enhance liquidity!
See original
The sharp rise in China's stock market will attract a large amount of funds to flow back into A-shares!
10 times in 10 days! I'm back again!
Update and restore from today!
On September 14, I recharged 10,000 RMB, which was 1400U.
As of today, September 24, I have reached 1.4WU in 10 days.
The first few orders that made big profits were from Reef, OMG, Loom, Bond, and Mina. Each of them took about 1000U. The funds reached 6000U. In the middle, I also raised 1500U to the primary market to buy local dogs.
The next largest and latest profit was the Neiro order opened before going to bed last night.
The initial position of 0.0008 opened 500U 20x leverage position value 1WU
When I woke up in the morning, I saw that it had risen by 10 points, and I made a profit of 1000U.
I decisively added another 500U 20x leverage position, with a total position of 2WU. From the morning to the current 0.0012, this position has made a profit of more than 9,000u.
At present, I am going to continue to watch the trend. If it can stabilize the shock near 0.0012
, I will hold it again. If it effectively falls below, I will run away.
The next order is to look at OP and bigtime, both of which are weekly bottoming. If an upward trend appears, you can make a lot of money.
The specific time to enter the market depends on the small-level pullback signal.
Recalling that I went from 700u to 1.5wu in one month in February and then the position was blown up, everything is still vivid in my mind. That wave of opportunity was to catch the rise of Ethereum from 3,000 points to 4,000 points.
Now 7 months have passed, and Ethereum has shown an upward trend again. Now it is only more than 2,600 points. The room for growth is much larger than last time, and my principal has accumulated nearly 100,000 yuan in the early stage. Compared with the last 700u, it is much more.
So this time, you must be cautious. After the total funds go up, the leverage must be reduced, and it cannot exceed 3x. After making a profit, you must resolutely set a stop loss to protect your capital.
You can earn less, but you can't lose a lot. The turnaround depends on this battle after the interest rate cut.
I hope there will be a good result.
Update and restore from today!
On September 14, I recharged 10,000 RMB, which was 1400U.
As of today, September 24, I have reached 1.4WU in 10 days.
The first few orders that made big profits were from Reef, OMG, Loom, Bond, and Mina. Each of them took about 1000U. The funds reached 6000U. In the middle, I also raised 1500U to the primary market to buy local dogs.
The next largest and latest profit was the Neiro order opened before going to bed last night.
The initial position of 0.0008 opened 500U 20x leverage position value 1WU
When I woke up in the morning, I saw that it had risen by 10 points, and I made a profit of 1000U.
I decisively added another 500U 20x leverage position, with a total position of 2WU. From the morning to the current 0.0012, this position has made a profit of more than 9,000u.
At present, I am going to continue to watch the trend. If it can stabilize the shock near 0.0012
, I will hold it again. If it effectively falls below, I will run away.
The next order is to look at OP and bigtime, both of which are weekly bottoming. If an upward trend appears, you can make a lot of money.
The specific time to enter the market depends on the small-level pullback signal.
Recalling that I went from 700u to 1.5wu in one month in February and then the position was blown up, everything is still vivid in my mind. That wave of opportunity was to catch the rise of Ethereum from 3,000 points to 4,000 points.
Now 7 months have passed, and Ethereum has shown an upward trend again. Now it is only more than 2,600 points. The room for growth is much larger than last time, and my principal has accumulated nearly 100,000 yuan in the early stage. Compared with the last 700u, it is much more.
So this time, you must be cautious. After the total funds go up, the leverage must be reduced, and it cannot exceed 3x. After making a profit, you must resolutely set a stop loss to protect your capital.
You can earn less, but you can't lose a lot. The turnaround depends on this battle after the interest rate cut.
I hope there will be a good result.
See original
#BecomeCreator Cryptocurrency is a useful supplement to the government's regulation of the market! At this stage, cryptocurrency has the value attributes of value scale, means of circulation, means of payment, and world currency. With the Arab country Dubai using Bitcoin and cryptocurrency to pay wages, the liquidity of cryptocurrency will increase in the future. It will become more popular as a means of payment, and peer-to-peer payment will enhance the currency's liquidity. In the future, the function of cryptocurrency as world currency will be more prominent!
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#MyFirstSquarePost Welcome to Binance Square! Is $BTC worth 60,000 again? Here is a 200U red envelope activity for everyone~
Bitcoin
From the 4-hour moving average, BTC stands above the 60-day moving average. It has now broken through the neckline and formed a W double bottom pattern, running along the upper Bollinger track. Technical indicators show that it is in a strong upward trend from the middle track. MACD is stepping back and moving upward. If the next red solid column is closed, the market will continue to be bullish. From the Fibonacci curve, the market will go through a wave of retracement, and the support below is around 59,500. During the day, you can make long and short choices when reaching key indicators (actual summary indicators, not publicly discussed here)!
Bitcoin
From the 4-hour moving average, BTC stands above the 60-day moving average. It has now broken through the neckline and formed a W double bottom pattern, running along the upper Bollinger track. Technical indicators show that it is in a strong upward trend from the middle track. MACD is stepping back and moving upward. If the next red solid column is closed, the market will continue to be bullish. From the Fibonacci curve, the market will go through a wave of retracement, and the support below is around 59,500. During the day, you can make long and short choices when reaching key indicators (actual summary indicators, not publicly discussed here)!