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Author Topic: LATOKEN locked my account with strange rules.  (Read 277 times)
dunfida
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November 26, 2019, 11:05:30 PM
 #21

I was trading normally (scalping), suddenly my account was locked and they said I was manipulating the order book.
until now my account is still locked.
At least they need to provide evidence that you were manipulating the order book otherwise feel free to open up a scam accusation ASAP. Scalping is a normal type of trading strategy and i do it every day on exchanges like Bitmex and Binance
Scalping is a kind of trading where you do have that active positions or orders and targeting out even on the slightest movement.Might not be big in profits
but doing it on constant green will really be profitable in the end of the day.

Have heard out about Latoken exchange but i dont have experience on using that up.Its just odd that they do block a certain user because of scalping and saying
manipulating the order book? Its an unbelievable reason.

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November 26, 2019, 11:41:13 PM
 #22

Finally after I protested continuously my account was unlocked.
I will withdraw all my assets and leave Latoken.
Thank you to all members who gave  positive suggestions.

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ashmodeus
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November 27, 2019, 03:39:33 AM
 #23

Finally after I protested continuously my account was unlocked.
I will withdraw all my assets and leave Latoken.
Thank you to all members who gave  positive suggestions.

now you know , a high reputation exchange is the important for your money , they can control everything on your account, actually i never heard a cases like this ,
suddenly got blocked when u trading , i wonder how they take action to bot trader on their exchange ? as we know , bots are more craziest than human trader.
but well , at least the cases solved.

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boris singer
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November 27, 2019, 09:30:22 AM
 #24

Scalping is a kind of trading where you do have that active positions or orders and targeting out even on the slightest movement.Might not be big in profits
but doing it on constant green will really be profitable in the end of the day.

Have heard out about Latoken exchange but i dont have experience on using that up.Its just odd that they do block a certain user because of scalping and saying
manipulating the order book? Its an unbelievable reason.

will be counted as false positive if the majority of orders are dominated by trading bots. Manual scalping will also be affected if traders cancel orders too often.

Finally after I protested continuously my account was unlocked.
I will withdraw all my assets and leave Latoken.
Thank you to all members who gave  positive suggestions.

quite unique, I use latoken and have no problems, maybe it has something to do with the improvement of their system algorithm lately.
Dalmar
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November 27, 2019, 01:16:22 PM
 #25

Finally after I protested continuously my account was unlocked.
I will withdraw all my assets and leave Latoken.
Thank you to all members who gave  positive suggestions.
Which evidences do they show during the account unlock process?  It is interesting to be blamed why the trader manipulate the order book if there are a lot of trading bots around the altcoin trades in exchanges. Did the management ask the newe KYC with different documents requirements? Last time Y exchange asked me to pass the KYC with the stupid questions like which exchanges do you use or Are you ever blocked by the global exchanges? lol


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Strongkored
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November 29, 2019, 07:34:32 AM
 #26

Finally after I protested continuously my account was unlocked.
I will withdraw all my assets and leave Latoken.
Thank you to all members who gave  positive suggestions.

I'm suggesting you to locked this thread, if not there will be other member reply in your thread without noticed that your issues solved.

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doedz
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November 29, 2019, 11:47:52 PM
 #27

Scalping is a kind of trading where you do have that active positions or orders and targeting out even on the slightest movement.Might not be big in profits
but doing it on constant green will really be profitable in the end of the day.

Have heard out about Latoken exchange but i dont have experience on using that up.Its just odd that they do block a certain user because of scalping and saying
manipulating the order book? Its an unbelievable reason.

will be counted as false positive if the majority of orders are dominated by trading bots. Manual scalping will also be affected if traders cancel orders too often.

Cancellation of an order quickly will burden the server so that it annoys other users.
surely that is a violation. of course this case is a user violation and the exchange has the authority to lock the violating account.

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