Binance Wallet Ondo Stock Trading Competition Activity

Friends, if you haven’t done it, please don’t—this is another event where you lose big.😭

Ondo stocks have very low liquidity. Buying with 100 USDT typically results in 1 USDT worth of loss—nothing unusual.

This time, the total slippage/loss is nearly 17 USDT (not including gas). You need to buy stocks worth 500 USDT and hold them for half a month to get a reward of 20 USDT.

Thanks for the 3 USDT holiday bonus Binance sent 🙏

A single transaction of 260 USDT: buying and selling may cost you about 2–4 USDT. If you do it a bit better, you might not lose money; if you do it poorly, expect losses of about 25–30 USDT. This doesn’t even include the price fluctuation of the 500 USDT worth of stocks you’re holding.

Put that 500 USDT into financial management, and you can still earn about 2 USDT in half a month. So it’s fine to skip this kind of activity.

Did Binance’s activity planner change recently? Why are all the events just annoying, money-losing ones?😅