Post
Topic
Board Marketplace
Re: Binance scamming its users with the up and down tokens .
by
CryptoNoob1
on 20/05/2021, 11:01:21 UTC
Arwin Im not sure you are talking about the same thing here,

Binance sells Down tokens and up tokens, if you buy a down token and the market crashes  , that token gives you profit, the same way if you short bitcoin and it crashes, the short position gives you profit.

I shorted the market , and Eth crashed and instead of my short paying me out +80% Binance paid me out -90%

take a look here if you do not understand

https://www.reddit.com/r/binance/comments/ngtlei/how_is_it_possible_ethup_and_ethdown_80_binance/