Post
Topic
Board Speculation (Altcoins)
Re: Binance cheating in trading?
by
xenomorphe1
on 06/07/2018, 14:28:05 UTC
Yesterday at night I made the bid purchase offers on Binance. When I woke up this morning, I claimed that my offer had not been made.

Is Binance cheating?

As you can see, my offer is set at 237 satoshi

The chart shows that the coin fell on 236 satoshi.
Why has my offer not been completed?







In my opinion, when you put order on 237 satoshi as you are on queue of buying order at 237 satoshi. But just one second, when someone mistake sell at 236 satoshi then it will back to normal price. Your buying order will be in a queue but not fill yet because no one sell at 237 satoshi.
If someone succeed to buy at 236 satochis and your order was at 237 satochis. Logically your buy order should be filled before 236 satochis. Maybe there is a problem with their system?
As you made your buy order at 02:40:29 this morning and the sell order to 236 satochis was at 09:03...
Exchanges can manipulate the prices and nobody can really control them...