A recent thread has exposed alleged scamming practices by BingX, a cryptocurrency exchange, through its pre-market listings. The exchange has been accused of deceiving customers by listing tokens with inflated prices and manipulated supply figures, leading to significant financial losses for unsuspecting users.

*The Case of $DOGS Token*

The thread highlights the example of the $DOGS token, which was listed on BingX's pre-market section with a "preset supply" of 10 billion, deviating from the actual supply of 500 billion. This discrepancy led to trading prices ranging from $0.01 to $0.1, significantly higher than on other exchanges.

*Adjusted Orders and Collateral Losses*

When the actual supply of $DOGS was announced, BingX adjusted the previously placed orders, forcing users to deliver 50-200 times more tokens than initially intended. This has resulted in users facing significant collateral losses, as they are unable to meet the adjusted demands.

*Alleged Scamming Tactics*

Experts and users have raised concerns that BingX's practices are intentionally designed to scam customers. By buying pre-market orders themselves, the exchange can defraud users' collateral when they default on their obligations.

*Warning to Communities*

The thread serves as a warning to communities of other projects listed on BingX's pre-market section to be cautious of similar tactics. Users are advised to exercise extreme caution when engaging with the exchange's pre-market listings.

*Expert Eyes Needed*

The situation has called for expert attention, with notable figures in the crypto space being tagged to investigate and shed light on BingX's alleged scamming practices.

In conclusion, the allegations against BingX highlight the importance of vigilance and due diligence in the cryptocurrency space. Users must remain cautious and informed to avoid falling prey to deceptive practices.

#ScamAware #BinanceLaunchpoolDOGS #BinanceBlockchainWeek #MtGoxRepayments #LowestCPI2021