⚠️ Important Questions for Binance: Are Our Funds Safe?
Dear @Binance, @BinanceOfficial,
After the recent incident and the temporary suspension of Instant Orders, traders are facing serious concerns about order execution and market transparency.
📉 Here's what concerns me:
1️⃣ Instant Orders Unavailable: Instant Order functionality is currently unavailable, leaving traders dependent on Limit Orders.
2️⃣ Limit Orders Not Executing: As shown in my attached screenshot, I placed a sell Limit Order at 0.0095 USDC. The displayed market price/candlestick moved above my order price, yet my order was not executed.
3️⃣ Uncertainty for Traders: When Instant Orders are unavailable and Limit Orders appear not to execute even when the displayed price reaches the target, how are traders supposed to manage risk and protect their capital?
❓ We deserve clear answers:
- Are our funds completely safe? - Is there a technical issue with order matching or execution? - Does the displayed market price accurately reflect executable orders in the order book? - Can Binance explain why my Limit Order was not filled? - What measures are being taken to restore confidence and ensure fair trading?
I'm not making accusations. I'm asking for transparency, accountability, and a clear technical explanation.
Our funds represent our hard-earned money. Traders deserve a reliable platform, fair order execution, and confidence that their orders are handled correctly.
Binance, please address these concerns and clarify what's happening. The community deserves answers. 🤝
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