binance showing wrong futures data?

[btc0831]

Hi ,

I have recently observed since the minor market crash, binance is showing wrong futures open interest data. The open interest data was the same for several hours on the binance website which indicates the wrong data. How can a market data be the same for several hours ?

neverthless, even know I assume the futures open interest data displayed in binance is behaving weirdly which isn't supposed to be like that. Kindly suggest me if there is some other better website or source to which i can shift and rely upon.

Or maybe if by connecting through binance api open interest data, I can rely upon ? if yes, then suggestions are welcome. Also, i have tried contacting the binance support but i haven't heard back from them.

Thanks!

[Bitcoin_Arena]

Not just futures data, Binance is quite a mess during times of volatility lately. If it's not the exchange crashing then they will give inaccurate data including that of their own Binance Leveraged tokens.

Take a look at this case where both UP and Down tokens were all showing losses  



Just see how many traders are complaining in this subreddit with so many different issues due Binance's inaccuracies - https://www.reddit.com/r/Binance_Lawsuit

[tbct_mt2]

Binance has bad reputation with their strategies recently. The exchange get technical issues and users can not set up their orders in times the market is beautiful to trade.

They own private keys of customers and delay to distribute airdrops. They use airdrop coins of users to stake and get benefits.

Their future trading data base is not accurate. Many accusations on Binance Future Trading.

They are biggest now but if they won't change, won't treat customers better and fairly, the exchange will be taken over by the others.

[kram31]

Binance has bad reputation with their strategies recently. The exchange get technical issues and users can not set up their orders in times the market is beautiful to trade.

They own private keys of customers and delay to distribute airdrops. They use airdrop coins of users to stake and get benefits.

Their future trading data base is not accurate. Many accusations on Binance Future Trading.

They are biggest now but if they won't change, won't treat customers better and fairly, the exchange will be taken over by the others.

Meaning the style of what they are doing now is no different in bank, if I am not mistaken to my understanding. Because they used coin from the airdrops to get benefits via Staking in it in which has similar into bank where they used the money to lend to others and their benefits was the interest of the amount of loan. Hope you get my point.