Do you agree with Binance's behavior?

[Oilacris]

There are lots of things that I do not agree with Binance. Lots of suspicious activities lately, plus they seem to halt trading operations whenever there is a sudden sharp increase or decrease on some coins in their platform. That calls for some understandable boycott of their services IMO, but knowing that there isn't any better alternatives as of the moment, we just have to suck it up and deal with it until something better comes along.

Imagine losing millions just because the platform decided to stop trading in an instant without letting users know what's happening.

I had already experienced such thing that whenever there's some such sharp price increase then they do really halt both deposits and withdrawals which do really sucks because you would really be missing out
those chances on making quick bucks due to sudden rise.

Yeah,its their behavior and is there something we can do? We can make out complaints and whining but no one would ever hear out and still the community been trusting up this platform.

Its still up to ours if we do continue to use the platform and deal with their behavior or would find another one.

[1714623803]

1714623803

[ajochems]

In the image above, that pump took place in futures markets on Binance's BTC-USDT perpetual pair on 26 Jul, 2021. You can check the spot charts that there was no $12k pump during when it pumped in futures. The volume at spot was also not so good, but that $12k futures candle had a 182k btc traded volume for that hour only. This cannot be any institution or a normal person's work, I smell something fishy here to attack the traders and decide the trend, change it and liquidate them to make quick money.

Honestly no.Many of altcoin had crossed up his old values in this pump. By considering such fact, we need to see the value of 600 dollars in BNB. But it still floating at the 400 dollars. Huge people blindly buy some BNB at 200$ and earned huge in the BNB. Now it was not shinning up.