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Author Topic: What to do right now with Binance? It's terrible  (Read 76 times)
shield132 (OP)
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February 19, 2021, 05:28:22 PM
 #1

I want to trade on Binance but at the moment every time I try to trade, I get this message from them: Too many requests, please try again later.
It's very bad, I'm constantly looking what happens around BNB and I missed great chances during this timeframe (had set alarm but can't buy/sell, so who cares).
Btw BNB had an amazing rise in price, just in 2 days you would gain more than 100% profit of your capital if you hold BNB since 17 February (two days ago). Bitcoin rises too, seems they can't handle so many requests, who is facing a similar problem right now?

Glad I didn't use leverage trading, btw was thinking about it Cheesy

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LoyceV
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February 19, 2021, 06:34:06 PM
 #2

I only get 4 animated orange vertical lines when trying to view my Balance. Not very promising.

As for their own little altcoin: any reason why it's suddenly worth 46 billion dollars?

shield132 (OP)
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February 19, 2021, 07:17:11 PM
Last edit: February 19, 2021, 07:29:54 PM by shield132
 #3

I only get 4 animated orange vertical lines when trying to view my Balance. Not very promising.

As for their own little altcoin: any reason why it's suddenly worth 46 billion dollars?
BNB had so huge rise Cheesy haha, it's very funny, it had a rise for no reason or am I really missing something? Cheesy

I can view my balance but am unable to trade, OMG I am missing such a great time, I wanna cry Cheesy

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February 19, 2021, 07:31:32 PM
 #4

I can view my balance but am unable to trade, OMG I am missing so great time, I wanna cry Cheesy

Some see 0 balance, some may see incorrect values.
Allegedly they are working on a fix and the funds are SAFU.

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February 19, 2021, 07:39:43 PM
 #5

I only get 4 animated orange vertical lines when trying to view my Balance. Not very promising.

As for their own little altcoin: any reason why it's suddenly worth 46 billion dollars?

There was too much hype for binance and binance smart chain (BSC) which has much cheaper tx fee than the Ethereum ecosystem. However after this event of binance spot trading issue and zero balance, there should be a big dump in the Bnb.

If bnb does not dump even after today's event, then we can say that infact people are too dump.

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February 19, 2021, 08:22:10 PM
 #6

I had this sort of ugly experience 2 months ago, when Bitcoin's price spiked - The pain of trading in popular exchanges. Binance froze during the BTC spike

My resolution was to avoid popular exchanges during the times of excess price volatility or create orders with already set stop losses especially for futures trading or else your account can easily get liquidated as you helplessly look on.

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