If you’ve been trading on Binance during peak times, like the recent Hamster Coin launch on September 26, you’ve likely experienced slowdowns, lagging, or even complete non-responsiveness from the platform. Many users have faced the frustrating issue of placing duplicate orders due to the platform’s delayed response—pressing the button once, only to have the order executed twice.
Why Does This Happen?
When trading volumes spike during major events or popular coin launches, Binance’s servers can become overloaded. With millions of users trying to make trades simultaneously, the platform may struggle to keep up, leading to delayed updates, frozen charts, and orders taking longer to process. It's not because of your slow browser or computer; it's simply server overload.
Basic vs. Advanced Trading Mode
Some users believe that switching to the Basic theme might help speed things up, and while this can sometimes improve performance, it’s usually not enough during high-traffic periods. Switching to the Advanced mode, which offers more features and data, often makes the problem worse. You may notice that the order book stops updating, prices freeze, and trades don’t reflect in real-time.
The Mobile App Solution
One workaround that many traders have found helpful is switching to Binance’s mobile app. While the mobile client may not have all the features of the desktop version, it tends to handle high-traffic periods better and responds more quickly during busy trading times. Using the mobile app can prevent some of the issues encountered on the desktop platform during major coin pumps and dumps.
Tips to Avoid Double Trades
1. Be Patient: If the platform is lagging, avoid repeatedly clicking on trade buttons. It’s easy to double-execute orders when you're unsure if the first one went through.
2. Monitor Order History: Always check your order history to confirm if a trade was placed successfully before attempting again.
3. Use the Mobile App: When the desktop version is sluggish, switch to the mobile app for faster performance.
4. Plan Ahead: Try to anticipate high-traffic periods (e.g., major coin launches) and either place your trades before the peak or prepare for potential delays.
By staying mindful of these tips, you can avoid the frustration of duplicate trades and improve your overall trading experience on Binance, especially during busy times like the Hamster Coin launch.
