Binance Stuck My withdrawal

[naim027]

 

The withdrawal was frozen in my account, what is required is to return 12,000 Dogecoin, equivalent to $ 3000, now the withdrawal is back again

What everyone is asking..
Did they take those 3000$ with coins from your account or any other amount or are you able to withdraw the entire amount you had one Binance?
So, is your account back as it was previously or the problem as "solved" with paying up?

I take it you agree this is a scam.

I think it's a bit worse than a scam, basically, they are holding accounts hostage will you return some money they have sent out in error but which they can't prove is in your pocket. And there is another problem, what is DOGE goes up to 1$ tomorrow, are those prices going to be adjusted? Of course, some poeple for sure got some extra coins, but to actually blame everyone for this, and this coming from an exchange that claims to hold billions in some SAFU program is clearly no.

The interesting part in this, Binance does a lot of tracks, they probably know that some addresses are owned by other exchanges, I'm pretty sure they have already requested those coins back, is there anyone who has suddenly seen a deposit, and then that was reverted? Or someone that has managed to sell those and is now in the same situation?

Yes. He paid them 12000 Doge and Binance Enabled His withdrawal section. Since he received that 12000 to his wallet that he has access. So it's not an issue for him.
@Shasan Sorry for The Consecutive Post but you might get good news soon. One of the Binance Users got his account fixed without making a deposit.

they opened a withdrawal for me and I brought everything out. I won't be there anymore, goodbye binance!

Have you deposited that requires an amount of Dogecoin?

no, I didn’t contribute anything, I talked to support convincing them that I didn’t have access to the address they sent the dogs to

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[shasan]

I have 5000$ balance in Spot, and I have 12000 Dogecoin frozen (3000$), but I can't withdraw 100$, Should I buy Dogecoin?

When you will go to withdraw you will see a function called "Deduct now". If you click on deduct now they will deduct the amount which has been resent. Alternatively you can buy the same amount of Dogecoin to enable the withdraw. Note: As further as I know those amount will be deduct permanently. If you have no access of the resent amount then wait for the solution by Binance why you will pay them 3000$ without any reason?

[BitcoinHunt3r]

I have 5000$ balance in Spot, and I have 12000 Dogecoin frozen (3000$), but I can't withdraw 100$, Should I buy Dogecoin?

When you will go to withdraw you will see a function called "Deduct now". If you click on deduct now they will deduct the amount which has been resent. Alternatively you can buy the same amount of Dogecoin to enable the withdraw. Note: As further as I know those amount will be deduct permanently. If you have no access of the resent amount then wait for the solution by Binance why you will pay them 3000$ without any reason?

I heard information that there is a problem with withdrawing Dogecoin so when you make a withdrawal with Dogecoin then binance processes the withdrawal with 2 times it means you get a double withdrawal. If you are one of those who get double withdrawals, then when you make a new withdrawal, you are asked to pay 1/2 of your total withdrawal, meaning you are in debt on Binance.

[shasan]

I heard information that there is a problem with withdrawing Dogecoin so when you make a withdrawal with Dogecoin then binance processes the withdrawal with 2 times it means you get a double withdrawal. If you are one of those who get double withdrawals, then when you make a new withdrawal, you are asked to pay 1/2 of your total withdrawal, meaning you are in debt on Binance.

If in 2020 you sell 600$ to me by taking perfect money and now resent to me that amount of dogecoin now which is about 70k$. Then how you will allow this 70k$ deduction from you, are how you will refill this 70k$? It is totally non-sense.

[martingalecalculator.com]

I heard information that there is a problem with withdrawing Dogecoin so when you make a withdrawal with Dogecoin then binance processes the withdrawal with 2 times it means you get a double withdrawal. If you are one of those who get double withdrawals, then when you make a new withdrawal, you are asked to pay 1/2 of your total withdrawal, meaning you are in debt on Binance.

If in 2020 you sell 600$ to me by taking perfect money and now resent to me that amount of dogecoin now which is about 70k$. Then how you will allow this 70k$ deduction from you, are how you will refill this 70k$? It is totally non-sense.

Absolutely no sense. What Binance did is absolutely illegal.
Today CRO token from crypto jumped 350% it might have a thing to do by people switching from Binance to crypto . Com.
Don't ever think of giving 70k to them. 
Just wait  . 

[shasan]

Absolutely no sense. What Binance did is absolutely illegal.
Today CRO token from crypto jumped 350% it might have a thing to do by people switching from Binance to crypto . Com.
Don't ever think of giving 70k to them. 
Just wait  . 

You are right they are doing non sense and it is illegal. CRO token may increased for pump and dump group I do not think it is related with binance. Though I think almost all the exchanges plays with pump and dump group or they solely acted as pump and dump.

[noorman0]

On the other hand, CZ will giveaway $50k doge to the community and mention "Tesla". https://twitter.com/cz_binance/status/1465309845012287490

I think binance was initially short on $doge stock due to unresolved customer withdrawal issues. Is this just CZ's attempt to cool off his feud with Musk recently? $50k  i think is actually enough value to solve a client's problem rather than spending it aimlessly.

[shasan]

On the other hand, CZ will giveaway $50k doge to the community and mention "Tesla". https://twitter.com/cz_binance/status/1465309845012287490

I think binance was initially short on $doge stock due to unresolved customer withdrawal issues. Is this just CZ's attempt to cool off his feud with Musk recently? $50k  i think is actually enough value to solve a client's problem rather than spending it aimlessly.

I don't think they have shortage of fund it was deducted from them more than a year ago and on that time the price of dogecoin was not so high so they had a little loss and they should have a lot of doge on their hot/cold wallet. The offer is to promote tesla/doge as well as binance. Also, by 50k it is nothing regarding the incident happened with binance.

[hoiantuan]

I got the same problem.Why  i have to pay for their fault ?

Your account is in arrears. The withdraw function is disabled. Click the “Deduct Now” button if sufficient assets are available for the amount in arrears. Alternatively, top up your Spot account balance to proceed.
Arrears amount
77950 DOGE

[shasan]

I got the same problem.Why  i have to pay for their fault ?

Your account is in arrears. The withdraw function is disabled. Click the “Deduct Now” button if sufficient assets are available for the amount in arrears. Alternatively, top up your Spot account balance to proceed.
Arrears amount
77950 DOGE

If you have own the dogecoin wallet then refund that to binance by depositing to your binance account then they will activate your withdrawal. But if you have not the access of the account then wait for them to make active. Also, if you have more fund than this amount then contact with them if you do so you will be able to withdraw the rest of the fund. I mean the above amount of the dogecoin price.

[LoyceV]

I realized something that kinda pisses me off. Allow me to quote myself from another topic:

Allow me to combine those 2 posts:

they sent the BTC on the wrong network and Binance cannot recover the coins.

But if they did not send it on the BTC network then the coins are probably lost forever.

If that's the excuse Binance uses, it's utter BS! Binance made up their own tokens that they sell as "equivalent" for real Bitcoin. Binance owns the real Bitcoin, and they can do as they please with it. If coins are "lost" on their own chain, that doesn't mean the real Bitcoin it lost, it means Binance takes ownership of the equivalent amount of real Bitcoin!

I wonder why binance put BEP2 and BEP20 above Bitcoin Chain.

I'd say the scenario above explains it. Did I mention it's an exit scam waiting to happen?

What this means is that if a user accidentally withdraws to Binance's own fake chain instead of the real Bitcoin, Binance says your Bitcoins are lost. In reality, Binance takes ownership of your Bitcoin because they own the real Bitcoin they "wrapped".
Meanwhile, if Binance fucks up and sends a Doge withdrawal again a year later, they expect the account owner to pay back 200 times the dollar value of the original withdrawal.
What pisses me off is that their stance on the matter takes a complete 180 degree turn whenever it's profitable for them. That's as close to scamming people as it gets!

[naim027]

I realized something that kinda pisses me off. Allow me to quote myself from another topic:

Allow me to combine those 2 posts:

they sent the BTC on the wrong network and Binance cannot recover the coins.

But if they did not send it on the BTC network then the coins are probably lost forever.

If that's the excuse Binance uses, it's utter BS! Binance made up their own tokens that they sell as "equivalent" for real Bitcoin. Binance owns the real Bitcoin, and they can do as they please with it. If coins are "lost" on their own chain, that doesn't mean the real Bitcoin is lost, it means Binance takes ownership of the equivalent amount of real Bitcoin!

I wonder why binance put BEP2 and BEP20 above Bitcoin Chain.

I'd say the scenario above explains it. Did I mention it's an exit scam waiting to happen?

What this means is that if a user accidentally withdraws to Binance's own fake chain instead of the real Bitcoin, Binance says your Bitcoins are lost. In reality, Binance takes ownership of your Bitcoin because they own the real Bitcoin they "wrapped".
Meanwhile, if Binance fucks up and sends a Doge withdrawal again a year later, they expect the account owner to pay back 200 times the dollar value of the original withdrawal.
What pisses me off is that their stance on the matter takes a complete 180-degree turn whenever it's profitable for them. That's as close to scamming people as it gets!

Huh, Complete Scammy. What I just understand from your post, They putting rules or whatever in their favor. As Much I understand, They don't have any explorer or chain for those chains. I guess they are right about losing Bitcoin. Because I guess their system cannot detect if you are sending to the wrong chain. The withdrawal is instant. If you send your bitcoin or whatever coin to the wrong chain, They are lost. In this case, What can do is, They Should create their wrapped BTC wallet address in such a way so that their system can detect that this is the wrong chain And Pop up warning messages to users that you sending to the wrong chai or they can disable withdrawal to the wrong chain. About the 180-degree turn, they are in favor. You keeping your money there. So they have the advantage of doing that shit. If they had a Lending system like Fiverr (Fiverr offers up to $2-3K loan to their Freelancers and they deduct a % as an installment from their income). They would not dare to do that shit. The main Scam thing is they expect lost coins from its users while they say your coins are lost if you withdraw to the wrong chain. So why people should pay for your mistakes? if this is the case, You should pay for users' mistakes.

[shasan]

So why people should pay for your mistakes? if this is the case, You should pay for users' mistakes.

If we have to pay for each others mistakes then we will have nothing on our balance. Users as well as exchanges balance will have to 0 to make loss of each other. It cant be a solution. Hence we should be careful while we made any transaction and exchanges should do accordingly. And users should pay attention at the time of deposit/withdrawal and if there is any mistake made from the side of exchanges then they should take that responsibility. But binance are trying to not taking any liability and which making us confused wither they are turning into scam or not.

[cashfairy]

is it sorted out?

[shasan]

is it sorted out?

Till now I have been notified that I can only withdraw the fund if the fund exceed the Arrears amount. And only the exceed amount and rest of the fund will be on held on their site until the issue resolved. I have not yet received any update after that notification.

[LoyceV]

Any updates on this? I get that it didn't hit too many people, but I'd love to see how a lawsuit against Binance ends.

[BitcoinGirl.Club]

Man! just read the whole case. shasan used $80k as an example, not sure if that's what in question but it's a lot of money.

It's seems the mistake came from Binance end or something wrong with Dogecoin network. Why would a user will suffer for it. And CZ seems very good at his PR, donating million dollars everywhere. Is this how me is making his money and doing charity with others money.

I am too looking forward to learn the update. I hope your account got back to normal.

[naim027]

Any updates on this? I get that it didn't hit too many people, but I'd love to see how a lawsuit against Binance ends.

I guess no. we had a conversation on our local thread. I know a few more members who had the same issue and the last update is the fund on their account is locked. They can withdraw if only they deposit those doges. I don't think everyone can afford it. Binance doing shitty business there. Still, better to not lose hope since they have said they were working with the doge network team. I don't think those transactions can be reversed.

[LoyceV]

Still, better to not lose hope since they have said they were working with the doge network team. I don't think those transactions can be reversed.

Reversing transactions after several months would mean the end of Doge. Or more likely: a fork, after which it continues the way it should and Binance's own Doge fork becomes worthless.

[shasan]

Any updates on this? I get that it didn't hit too many people, but I'd love to see how a lawsuit against Binance ends.

I have not received any update till now. Last update was I will be able to withdraw the fund if the balance is more than the arrears amount.

hasan used $80k as an example

It was approximate amount at that time. Though it should be about 1/3 of that as the price dropped.