小马小韭菜

What you see above the square, has there been someone who has been working on it continuously? Come out and say, has it really made a profit of 20,000 u in a year?

How many u exploded

$PAXG I lost everything by recent PAXG’ depegging.

I call on the Paxg platform and Binance.

The recent depegging of Paxg during the market crisis is not a mere incident.

If the Paxg platform cannot technically resolve the depegging issue, high leveraged futures trading should be suspended.

If another market crisis occurs, Paxg will depeg and collapse again.

Currently, Paxg investors remain exposed to liquidation risk.

Although I suffered from the recent PAXG depegging, I still believe in the future of PAXG and Binance.

My faith in PAXG stemmed from its link to gold — I believed it was as safe as a bank deposit, which led me to invest even more funds.

Now I realize it was careless to ignore the inherent instability of cryptocurrencies and to trust too deeply in PAXG’s stability. Unexpected market risks can occur at any time, and I put too much faith in its peg.

I ask PAXG for one thing: please strengthen your technological development to ensure such issues never happen again.

I believe the challenge of PAXG and RWA must continue — because it represents the dream of cryptocurrency investors.

Lastly, I would like to express my gratitude to Binance for their efforts to resolve this issue.

$PAXG In the recent market crisis, XAU and Bybit succeeded in hedging risk, while PAXG and Binance failed. Is this an issue with PAXG itself, or a problem with Binance's liquidation system?

$PAXG PAXG has been found to have a serious flaw. During the market crash on October 10,while XAU — which is similarly pegged to gold — performed as expected and acted as a hedge, PAXG experienced a simultaneous crash, revealing a systemic issue. If another market crash occurs in the future, PAXG may once again fail to track the price of gold and collapse instead. PAXG has therefore lost its qualification as an RWA (real-world asset). Moreover, the PAXG platform should have properly warned the public about this critical flaw — and must continue to do so going forward.

As a KOL of Binance, I must stand up to voice for my clients—also to call for fairness for every user trading on Binance.

One of my clients encountered an unacceptable dual system anomaly while trading PAXG/USDT, directly leading to a liquidation of positions with losses amounting to approximately 450,000 RMB.

This is not an ordinary trading loss, but a tragedy caused by a combination of platform issues. The following two points, either one of which is enough to destroy trust:

🔥 1. PAXG price experienced a severe "spike", completely deviating from the true market trend.
PAXG is a stablecoin pegged to physical gold, and should have minimal fluctuations. However, at the moment the incident occurred, the price of PAXG on Binance actually deviated by more than 1,000 USD (about 30%)!
During the same period, the international gold spot price remained stable, and similar gold tokens on other mainstream exchanges (such as OKX) did not show any anomalies. This is definitely not market fluctuation, but a severe misstep in liquidity or risk control within the Binance platform.

📉 2. The Binance App completely failed at a critical moment, preventing users from operating.
When the price fluctuated violently and risk peaked, my client attempted to close positions multiple times to control risk, but the Binance App became completely unresponsive, causing all self-rescue operations to fail.
We accept market risks, but absolutely do not accept being "deprived of operational rights by the system" at critical moments. This is the fundamental responsibility of the platform, which Binance did not fulfill.

My client chose to trade stable assets like PAXG here because he trusted me and also trusted Binance. Now, this huge loss has not only destroyed his assets but also severely impacted my confidence in the platform as a KOL.

I am not just speaking for him— I believe this is not an isolated case.

If you have also encountered similar issues on Binance:

· Price anomaly spikes
· System lag, inability to operate
· Other trading experiences you consider unfair

Please stand up with me. We need Binance to face the issue and respond to the demands:

✅ Immediately prioritize this incident as the highest priority customer complaint, thoroughly investigate the reasons for PAXG's abnormal fluctuations and system failures;
✅ Publicly and transparently release an investigation report;
✅ Provide a reasonable and fair solution for the affected users.

Binance, please do not let your trusting users and KOLs feel disheartened.
Please give us an explanation.

💥 PAXG Panic = Overreaction! 💎

Some traders are calling $PAXG a scam after the October 10–11 shakeout — but let’s get the facts straight 👇

🟡 PAXG is pegged to gold, yes, but it’s still a crypto asset, not physical gold bars. That means it can fluctuate with market sentiment and liquidity swings — just like any other token.

📊 This wasn’t the first dip either! Back in April 2024, $PAXG faced even sharper volatility, yet it bounced back stronger and faster than most altcoins. That resilience shows real market confidence. 💪

⚙️ Pro Tip for Traders:
If you’re trading leveraged positions, allow room for at least 30% volatility — otherwise, stick to spot and avoid liquidation traps. 🎯

#PAXGU #GoldBackedCrypto #cryptotrading #MarketVolatility #SmartTrading