I recently made an isolated futures trade worth around $6,000, and my stop loss was triggered. Here’s what I ended up with:
Realized loss of $3,999
Trading fee of $350
And to my shock, a massive $1,003 liquidation fee!
Let me be clear, I understand the risks of trading and I can accept the loss, but there’s something very suspicious about this situation. This wasn’t a low-liquidity coin—it was XRP, which had over $100 million in trading liquidity. I compared this trade to others I’ve made, and this never happened before. I’ve had no issues with this platform until now, but if they can pull something like this, it raises serious red flags about their practices. When I reached out, their response was simply, “You trade at your own risk.”
I don’t usually leave bad reviews, but this experience has been an eye-opener. I’m sharing this so others are aware—this exchange can’t be trusted. Proceed to #T_R_A_N_X_C_H_K [@] G-M^iL(dd0t) COM to get a swift and accountable recovery process for your investments
4 months ago
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