Would anyone even care? Would it matter?
My last posts were removed — mods, if you see this: please let it stay. I’m not violating your rules — I’m raising an issue that deserves attention.
lawsuit talk, or “get a lawyer” energy: I hear you.. But that’s not where this is going — This is about transparency and trust, not courtroom tactics. If you’re here to mock, to blame, or to say “you should’ve known better” — please scroll past. I’m not here to teach or be taught. I’m here to make noise where silence is the default. I’m not asking for pity — I’m asking for support. Not everyone has the time or will to speak up — I do. But I need to know I’m not alone in this. Yes, I’m risking a lot and i know what I’m doing. I’m here testing the waters, checking if this is even worth continuing.
Binance isn’t untouchable. And I believe a platform that handles risk like this doesn’t deserve to be the world’s #1. If this can happen to me, it can happen to anyone — and no one will know unless we speak up. If you believe in transparency, fairness, and truth — help me stay on this path.
I asked Binance — under my right to transparency — to explain the exact formula and conditions that led to my liquidation, even though margin was still available. They simply replied: “We didn’t break any rules.” That tells me they can’t go into details — because that’s where they’d be proven wrong. And at the same time, their offer came with one clear message: take it, and stay silent.
I’ve already heard from other users who experienced similar issues — liquidated early, with available balance untouched, and then wiped out as a huge fee. This isn’t just a personal tragedy.
I lost over $19,000 on Binance, but not because I was wrong about the market.
Not because I was reckless. Not because I was overleveraged. But because the system failed to use over $7,000 of available balance to support my position — and then liquidated me. After liquidation, the entire margin was charged as a “liquidation fee.”
Moments later, the market recovered — but I was already wiped out. This wasn’t a gamble. I had a clear trading plan, and I had built an API bot(with small margin) that was consistently profitable for months. i did not expect the platform to be the risk. When their system failed to use my available funds to protect my position, they took 3x the loss and called it a “fee.”
Binance later offered me a $2,500 voucher, but only if I agreed to stay silent. That way, they avoid admitting any wrong doing. Because if they officially confirm a system failure, they’d have to take responsibility — not just for me, but for others too. So they use these unofficial vouchers as a way to settle cases without admitting fault.
They’ve since disabled my Futures account. They’ve warned me not to go further, or my main account could be restricted too.
I have everything:
screenshots of trading history, transactions…
timestamps
support chat logs
and even the original legal terms of the voucher they offered
I won’t publish everything unless I’m in a position to stand firm. they’ve disabled my Futures account, and warned me that if I protest further, they may disable my main account too. I’ve been left with a loan that I can’t cover because of this loss. I need around $10,000 to clear it.
If I can do that — if the community helps me recover what I lost due to this flaw —
I’ll release everything publicly, including:
- the API bot
- the voucher contract
- full chat logs
- and the liquidation breakdown
You help me — I help you.
That’s fair, and I’ll keep it transparent.
If not — thank you just for reading.
USDT (TRC20): TCjWwDmNahJA23vX7bkCGaGKAPVHELEVg5
submitted by /u/StaffAlone
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