AIVATA
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$AGLD
Request for Trade Support: Address Manipulative Practices on Binance
Dear Binance Team,
I am writing to express my concern over the recurring patterns of manipulation and unfair practices observed on your platform. As a trader, I have noticed incidents where coins, like $AGLD, are pumped artificially and then delisted shortly after. This manipulative behavior has happened before and continues to undermine trust in your platform.
Key Issues:
1. Artificial Pump and Dump:
• Two weeks ago, a coin was pumped artificially, misleading traders and creating false market activity. Shortly after, it was delisted without proper communication or justification. This kind of activity raises serious concerns about market manipulation.
2. Lack of Due Diligence:
• As a paid service platform, Binance is expected to conduct thorough due diligence before listing coins. Allowing projects with no development, use case, or transparency damages the reputation of the platform and harms its users.
3. Impact on Traders:
• Binance users are not accessing free services. We pay trading fees, funding fees, and commissions, expecting a secure and trustworthy environment. When coins are pumped and dumped, it leads to significant losses for traders who rely on Binance’s integrity.
Request for Action:
1. Stricter Listing Requirements:
• Ensure that listed coins meet clear, verifiable standards, including development progress, project transparency, and market stability.
2. Prevention of Pump-and-Dump Schemes:
• Monitor whale activities and impose stricter controls to prevent manipulative practices that hurt retail investors.
3. Transparency in Delisting:
• Provide timely and transparent communication regarding delistings, including the reasons behind such decisions.
4. Fair Trading Environment:
• Uphold the responsibility of offering a level playing field for all traders, ensuring that paid services align with users’ expectations of fairness and reliability.
After communication what happens checks the look
Request for Trade Support: Address Manipulative Practices on Binance
Dear Binance Team,
I am writing to express my concern over the recurring patterns of manipulation and unfair practices observed on your platform. As a trader, I have noticed incidents where coins, like $AGLD, are pumped artificially and then delisted shortly after. This manipulative behavior has happened before and continues to undermine trust in your platform.
Key Issues:
1. Artificial Pump and Dump:
• Two weeks ago, a coin was pumped artificially, misleading traders and creating false market activity. Shortly after, it was delisted without proper communication or justification. This kind of activity raises serious concerns about market manipulation.
2. Lack of Due Diligence:
• As a paid service platform, Binance is expected to conduct thorough due diligence before listing coins. Allowing projects with no development, use case, or transparency damages the reputation of the platform and harms its users.
3. Impact on Traders:
• Binance users are not accessing free services. We pay trading fees, funding fees, and commissions, expecting a secure and trustworthy environment. When coins are pumped and dumped, it leads to significant losses for traders who rely on Binance’s integrity.
Request for Action:
1. Stricter Listing Requirements:
• Ensure that listed coins meet clear, verifiable standards, including development progress, project transparency, and market stability.
2. Prevention of Pump-and-Dump Schemes:
• Monitor whale activities and impose stricter controls to prevent manipulative practices that hurt retail investors.
3. Transparency in Delisting:
• Provide timely and transparent communication regarding delistings, including the reasons behind such decisions.
4. Fair Trading Environment:
• Uphold the responsibility of offering a level playing field for all traders, ensuring that paid services align with users’ expectations of fairness and reliability.
After communication what happens checks the look
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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