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Lost 31k due to binance technical flaws, offered less than 4% in compensation, GG

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Lost 31k due to binance technical flaws, offered less than 4% in compensation, GG

https://preview.redd.it/f24n617yifvf1.png?888&format=png&auto=webp&s=9e56540f387c3c449f617909ef83b0429a61762f

https://preview.redd.it/x9sw08l4jfvf1.png?932&format=png&auto=webp&s=ac45aafc026408a41fe25d19bf7250ebb62b4f25

Hey people, needed to share my story of the most important and quickest crypto dumps in history, sponsored by Binance, as it appears thus far.

I've had multiple open positions of Fri night on cross-margin account, totalling one thing around 1,5-2x leverage in complete, was spending time with associates and continually checking my Mac, tracking the positions.

After seeing first signs of weak spot available on the market, tried closing all positions with the button binance gave us, but nothing appears to perform in the meanwhile and the one choice Binance provided me to try this night is sit and watch how EVERYTHING I had left burns in the flame with 0 hope to vary it.

Obviously, account acquired destroyed in minutes and some of my buddies, with decrease acc sizes, lost all of it that day similar as me.

A bit background, I stay in Ukraine, and it is stressing sufficient just to be right here, listening to all of the explosions, rockets flying by, or hitting neighbour buildings. However dropping every little thing I had left felt much more devastating...

So, lengthy story brief, Binance announced 2 giveaways (to simplify, let's name one - automated, the opposite one - by way of the web type)

As soon as they announced refunds by way of the form, the shape was crammed and I waited 2-Three days for a reply...

Yesterday, I was sitting with my pals, who acquired liquidated similar as me, however their accounts have been MULTIPLE occasions smaller than mine, only for reference, it's like they've 5-7k, mine was 31okay + they have further revenue source, while I'm absolutely dwelling off the crypto for the previous years.

Within the night all of them obtained super excited, it appears binance refunded from 30% and up to 90% to their accounts with no varieties crammed, and so on.

And I assumed, nicely, this sounds not that dangerous, perhaps there's nonetheless an opportunity I might make it all back, having such compensation, but boy was I improper...

Later that day I've acquired an e-mail reply to my online type with a last proposal of 1k usdc... again 1k USDC for 30okay loss, it's like 3%, when individuals round me acquired 30+ not even flinching a finger.

I've reached out to help, and it seems that I'm not eligible for the automated refund by way of "Together Initiative", since I've acquired a reply by way of on-line type and regardless of it is accepted, or declined - it's gone for me.
So I declined the supply, help mentioned there is a probability they may revise and send a new one, however truthfully, now it looks like I'm out alone.

I'm devastated even more, than I used to be on a day of liquidation, it simply feels unfair, like every thing is towards you...

The ethical of the story, don't get tremendous hyped, whenever you hear others are getting huge compensations, there are nonetheless individuals like me, who received nothing.

TLDR: misplaced 31okay on Binance by way of the most important and fastest dump in historical past, was provided 3% compensation and declined it, whereas others acquired 30-90%...

submitted by /u/Intrane
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