🚨 Serious Concern regarding Token Listings & User Protection! @Binance Customer Support @CZ @Binance News @
Why are scam or unstable tokens continuously getting listed on your exchange?
Coins can be easily bought, but when users try to sell them, unexpected errors pop up (like liquidation errors, with NO prior delisting notice, monitoring tag update, or warning). This feels nothing less than a scam with the community!
If an exchange allows trading, liquidity and user protection must be guaranteed. Often, after such incidents, an official statement comes out claiming "hacking" or technical glitches, leaving everyday holders at a complete loss.
As a leading global exchange, there should be a mandatory User Loss Recovery / Security Fund backed by the platform to compensate users when project developers pull off such stunts. Almost every month, 2-3 projects pull off similar moves, severely hurting retail holders.
Even for smaller investors, unfair losses due to platform loopholes damage community trust. Please review your token vetting and listing security protocols immediately! 🔒📉
#Binance #CryptoCommunity #UserProtection #ALPHA #BinanceSquare #SecurityFirst
Why are scam or unstable tokens continuously getting listed on your exchange?
Coins can be easily bought, but when users try to sell them, unexpected errors pop up (like liquidation errors, with NO prior delisting notice, monitoring tag update, or warning). This feels nothing less than a scam with the community!
If an exchange allows trading, liquidity and user protection must be guaranteed. Often, after such incidents, an official statement comes out claiming "hacking" or technical glitches, leaving everyday holders at a complete loss.
As a leading global exchange, there should be a mandatory User Loss Recovery / Security Fund backed by the platform to compensate users when project developers pull off such stunts. Almost every month, 2-3 projects pull off similar moves, severely hurting retail holders.
Even for smaller investors, unfair losses due to platform loopholes damage community trust. Please review your token vetting and listing security protocols immediately! 🔒📉
#Binance #CryptoCommunity #UserProtection #ALPHA #BinanceSquare #SecurityFirst
