Topic: Binance has problems with connections with today crash (Read 400 times)
I always find binance crash whenever there is a crash on the market. So I do not make a trade if there is currently a crash or I have a feelings that the market gonna fall off and make a big red candle. I guess every exchange has the same impact due to the high volume during the dump
Almost exchange have trouble but you should believe with Binance as bigger global exchange in the world can fix your trouble, maybe take maximum one day only for Binance make their system back to good service, many time withdraw on Binance maintance or disable but keep waiting until their problem solve and we can withdraw our assets.
anything centralized is against the spirit of blockchain itself and manipulation to get people liqudiated might occur, it is just at a press of a button. Hope decentralized exchanges will make a big impact in the next bull run where things will be neutral.
Yes, it's not that a major bug at all because it's just a visual bug about gains and losses. What's more painful to see as a bug if it affects the buying and selling orders that we've made.
That's not a simple bug anymore specially if the market has corrected and you bought at that time then they didn't credit your purchase order by that time as a sign of bug.
Thats an another problem which can be considered to be a major one and which will really be giving out more bad vibes or inputs towards the exchange.That's not a simple bug anymore specially if the market has corrected and you bought at that time then they didn't credit your purchase order by that time as a sign of bug.
Its true that the current one isnt really that serious since it do only matter out with visual bug which can easily be resolved out.I agree on what Oilacris mentioned above that
people are way too judgmental even with the slightest mistake that do happen.
As long as the number of cryptos you have in your balance is correct and the wrong only is those gains and losses that you have. I don't see it as vital for me.
That's only for me because if I know how much I have, that bug is just an easy thing to be accepted temporary.
Many exchange market get trouble when price up so we have not chance to sell on higher price, every time I see not only with binance but also my local exchange maintance when some coin have higher price, I see their team try to get moment early for selling coin on higher price but get access back when price dump.
Good thing I am using two platforms to trade, Binance and Kucoin. When that dip happened my internet connection are fine but the binance lags very much. You can't even add or close your open trades. And if you manage to make a buy order, it doesn't show immediately. Good thing I have an account on Kucoin and have some USDT there, I was able to buy some cheap altcoins when that dump happened. Their app didn't lag at all during those times. I guess binance should improve their app so that problem won't happen again or else they will lose some of their users.
Always good to have an alternative in case things like this happened, you'll be able to continue your trade even there's some issue with the exchange that you are using.
If you have options you can simply avoid using the one that have certain issue and proceed using the other one. Not new to this market even Binance also have some hardship either huge bulks of volumes or some issues with thier system.
Along the way, just wait for this to resolve then comeback using the platform again.
Today, Binance shown that they have technical problems with the market crash. Within 10 to 30 minutes, it was super hard to submit orders and get it successfully loaded on the market orders.
It happened with Binance since the beginning of bitcoin bull run. Honestly I respect the quality and creativity that Binance run their services and some products that create trend in crypto. Today problems recall me the same with Poloniex and Bittrex in 4 years ago bull run.
I hope in this bull run, the market will have another new outstanding exchange.
But I still feel binance is a good exchange, but there are lots of other exchanges out there that are good as well, just that most of us are not ready to look into them, we prefer the exchanges with the big names. At that I will say that it is not our fault, most of us are trying to play it safe and not lose money because of the rate at which there are lots of fake exchanges.It happened with Binance since the beginning of bitcoin bull run. Honestly I respect the quality and creativity that Binance run their services and some products that create trend in crypto. Today problems recall me the same with Poloniex and Bittrex in 4 years ago bull run.
I hope in this bull run, the market will have another new outstanding exchange.
And another good thing with making use of big exchanges is that you will know that they are working hard to ensure that their website is secure, unlike the small exchanges, you will know that they wouldn’t have enough funds to invest in security, that’s one of the reasons a lot of people will still continue to make use of the big exchanges.
Today, Binance shown that they have technical problems with the market crash. Within 10 to 30 minutes, it was super hard to submit orders and get it successfully loaded on the market orders.
It happened with Binance since the beginning of bitcoin bull run. Honestly I respect the quality and creativity that Binance run their services and some products that create trend in crypto. Today problems recall me the same with Poloniex and Bittrex in 4 years ago bull run.
I hope in this bull run, the market will have another new outstanding exchange.
At times that really count (i.e. when trying to sell and get out of the market) can be really frustrating seeing these types of errors. For an exchange that is so highly ranked this issue should be resolved as an outmost importance. It happened with Binance since the beginning of bitcoin bull run. Honestly I respect the quality and creativity that Binance run their services and some products that create trend in crypto. Today problems recall me the same with Poloniex and Bittrex in 4 years ago bull run.
I hope in this bull run, the market will have another new outstanding exchange.
It is not acceptable to incur this issue even if other exchanges may fall into the same problem, at leaast the leading exchange should tackle this to set it apart from all others.
Everything will happen binace exchange like,Updates, price up down,maintaince.I think, Binance is the best Crypto exchange. I personally, Like and use this exchange. This the comfortable Exchange. Don’t worry They improve their app.
Good thing I am using two platforms to trade, Binance and Kucoin. When that dip happened my internet connection are fine but the binance lags very much. You can't even add or close your open trades. And if you manage to make a buy order, it doesn't show immediately. Good thing I have an account on Kucoin and have some USDT there, I was able to buy some cheap altcoins when that dump happened. Their app didn't lag at all during those times. I guess binance should improve their app so that problem won't happen again or else they will lose some of their users.
I am not experiencing this thing so far, or probably because I am using Application, or because I can not compare it with the past year because I started using Binance 6 months ago. However, if many people also experience this, I am sure that there is something wrong with the system.ANd I read some days ago, there was a maintenance in Binance but of course, this is only a few hours and the system runs well again.
Hopefully, Binance can fix this error if any, and also the system will run well and fluently again for the sake of their users' experiences. I am personally also very comfortable using the Binance application.
Hopefully, Binance can fix this error if any, and also the system will run well and fluently again for the sake of their users' experiences. I am personally also very comfortable using the Binance application.
Today, Binance shown that they have technical problems with the market crash. Within 10 to 30 minutes, it was super hard to submit orders and get it successfully loaded on the market orders.
This is pretty much how all of the website works.When the website has overloaded traffic from the hosting service then it's pretty much will be having a downtime on that day.
It's pretty much expected when Bitcoin market blows up, in the context of Binance I would say they would do a maintenance to upgrade the server later on and if that would happen, then I will support that.
Today, Binance shown that they have technical problems with the market crash. Within 10 to 30 minutes, it was super hard to submit orders and get it successfully loaded on the market orders.
It happened with Binance since the beginning of bitcoin bull run. Honestly I respect the quality and creativity that Binance run their services and some products that create trend in crypto. Today problems recall me the same with Poloniex and Bittrex in 4 years ago bull run.
I hope in this bull run, the market will have another new outstanding exchange.
It happened with Binance since the beginning of bitcoin bull run. Honestly I respect the quality and creativity that Binance run their services and some products that create trend in crypto. Today problems recall me the same with Poloniex and Bittrex in 4 years ago bull run.
I hope in this bull run, the market will have another new outstanding exchange.
You mean that's market congestion, and I observed that binance exchange can manage it successfully even though there's a big challenge that they're facing. Of course there's a lot of outstanding exchange same with binance, people can also choose Kucoin or even bittrex but it just depends on their services if they can serve traders like what binance did.
There's another bug that have been found in Binance just today.
The PNL for many of the users have been said to be caught as a bug. I've seen in a particular group that it didn't shown the accurate amount of your gains/loss.
Binance lately have been catching these bugs but they're responding on it and will be solved.
As long those bugs gets resolved then there nothing to worry about and making out things complicated on telling that the platform is shit.The PNL for many of the users have been said to be caught as a bug. I've seen in a particular group that it didn't shown the accurate amount of your gains/loss.
Binance lately have been catching these bugs but they're responding on it and will be solved.
There's no such thing about being a perfect exchange or platform on where these bugs and errors could really happen anytime which i considered normal.
People are way just too reactive and making out conclusions without even realizing that Binance itself arent really expecting those kind of errors.At
least they are really trying to resolve it out.
That's not a simple bug anymore specially if the market has corrected and you bought at that time then they didn't credit your purchase order by that time as a sign of bug.
Its true that the current one isnt really that serious since it do only matter out with visual bug which can easily be resolved out.I agree on what Oilacris mentioned above that
people are way too judgmental even with the slightest mistake that do happen.
There's another bug that have been found in Binance just today.
The PNL for many of the users have been said to be caught as a bug. I've seen in a particular group that it didn't shown the accurate amount of your gains/loss.
Binance lately have been catching these bugs but they're responding on it and will be solved.
As long those bugs gets resolved then there nothing to worry about and making out things complicated on telling that the platform is shit.The PNL for many of the users have been said to be caught as a bug. I've seen in a particular group that it didn't shown the accurate amount of your gains/loss.
Binance lately have been catching these bugs but they're responding on it and will be solved.
There's no such thing about being a perfect exchange or platform on where these bugs and errors could really happen anytime which i considered normal.
People are way just too reactive and making out conclusions without even realizing that Binance itself arent really expecting those kind of errors.At
least they are really trying to resolve it out.
That's not a simple bug anymore specially if the market has corrected and you bought at that time then they didn't credit your purchase order by that time as a sign of bug.
There's another bug that have been found in Binance just today.
The PNL for many of the users have been said to be caught as a bug. I've seen in a particular group that it didn't shown the accurate amount of your gains/loss.
Binance lately have been catching these bugs but they're responding on it and will be solved.
As long those bugs gets resolved then there nothing to worry about and making out things complicated on telling that the platform is shit.The PNL for many of the users have been said to be caught as a bug. I've seen in a particular group that it didn't shown the accurate amount of your gains/loss.
Binance lately have been catching these bugs but they're responding on it and will be solved.
There's no such thing about being a perfect exchange or platform on where these bugs and errors could really happen anytime which i considered normal.
People are way just too reactive and making out conclusions without even realizing that Binance itself arent really expecting those kind of errors.At
least they are really trying to resolve it out.
There's another bug that have been found in Binance just today.
The PNL for many of the users have been said to be caught as a bug. I've seen in a particular group that it didn't shown the accurate amount of your gains/loss.
Binance lately have been catching these bugs but they're responding on it and will be solved.
The PNL for many of the users have been said to be caught as a bug. I've seen in a particular group that it didn't shown the accurate amount of your gains/loss.
Binance lately have been catching these bugs but they're responding on it and will be solved.
Most of the times Binance had had bad network available on their app and thereby causes failure of trade order to be filled up, I think it's because of new market trends making heavy work on the exchange. As every knows that Binance is the largest world crypto exchange, the load on the technical team may be too much on them.
The flaw I noticed on Binance is failure to send codes to phone number when wanting to withdraw out token from the exchange, I have been using call option to get verification code instead of SMS, I just hope Binance will resolve every issues on their platform for easy usage.
The flaw I noticed on Binance is failure to send codes to phone number when wanting to withdraw out token from the exchange, I have been using call option to get verification code instead of SMS, I just hope Binance will resolve every issues on their platform for easy usage.
Unfortunately, this problem has remained and it is likely that it may appear again and again in the future. I also noticed earlier that with sharp fluctuations in prices in the crypto market, large crypto exchanges had problems, which is badly reflected both on the crypto exchanges themselves and the attitude towards them on the part of the crypto community. They say that this fall, the crypto market is waiting for a big growth and this already scares me, since there is a high probability of problems on crypto exchanges. For us, this can also become a problem because we will not be able to sell our crypto assets on time or even lose access to our crypto assets if they are stored on crypto exchanges.
As long as they can use better machines and have more validators it will not be a problem. BSC is based on just 21 validators and that is not acceptable at this point, it looks like they are turning into ETH with how much interest they are getting. Pancakeswap literally passed uniswap at some point, this is getting like 10x user number situation and that is not easy to handle when you are not ready for it. Hell even a regular website can't handle 10x traffic when there is a rush there, how the hell can a whole blockchain network handle it when it suddenly happens.But what should change is the way they are dealing with it, they should just increase the network validators and that would make it easier for them to carry much more load. If they allowed other people to do it as well, they would have tens of thousands of validators and never have a problem, but they are not allowing that because they do not want to become ETH and I understand that.
Looks like they're working on it right now.
Edit your post with the article from Binance Binance Spot Trading System Upgrade Notice (2021-04-20)I believe you don't know the forum rule on plagiarism and forgot to add a source link. Do it before it is too late, my friend. Do it first and read more about the forum rules
- Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
- Plagiarism rule is #33 in the list
33. Posting plagiarized content is not allowed.[e]
Edited, thanks. However, I don't think this rule was quite applicable to my previous post as it was obviously a quote from a news source. Correct me if I'm wrong.
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