I realized something that kinda pisses me off. Allow me to quote myself from another topic:
Allow me to combine those 2 posts:
they sent the BTC on the wrong network and Binance cannot recover the coins.
But if they did not send it on the BTC network then the coins are probably lost forever.
If that's the excuse Binance uses, it's utter BS! Binance made up their own tokens that they sell as "equivalent" for real Bitcoin. Binance
owns the real Bitcoin, and they can do as they please with it. If coins are "lost" on their own chain, that doesn't mean the real Bitcoin is lost, it means Binance takes ownership of the equivalent amount of real Bitcoin!
I wonder why binance put BEP2 and BEP20 above Bitcoin Chain.
I'd say the scenario above explains it. Did I mention it's
an exit scam waiting to happen?
What this means is that if a user accidentally withdraws to Binance's own fake chain instead of the real Bitcoin, Binance says your Bitcoins are lost. In reality, Binance takes ownership of your Bitcoin because they own the real Bitcoin they "wrapped".
Meanwhile, if Binance fucks up and sends a Doge withdrawal again a year later, they expect the account owner to pay back 200 times the dollar value of the original withdrawal.
What pisses me off is that their stance on the matter takes a complete 180-degree turn whenever it's profitable for them. That's as close to scamming people as it gets!
Huh, Complete Scammy. What I just understand from your post, They putting rules or whatever in their favor. As Much I understand, They don't have any explorer or chain for those chains. I guess they are right about losing Bitcoin. Because I guess their system cannot detect if you are sending to the wrong chain. The withdrawal is instant. If you send your bitcoin or whatever coin to the wrong chain, They are lost. In this case, What can do is, They Should create their wrapped BTC wallet address in such a way so that their system can detect that this is the wrong chain And Pop up warning messages to users that you sending to the wrong chai or they can disable withdrawal to the wrong chain. About the 180-degree turn, they are in favor. You keeping your money there. So they have the advantage of doing that shit. If they had a landing system like Fiverr. They would not dare to do that shit. The main Scam thing is they expect lost coins from its users while they say your coins are lost if you withdraw to the wrong chain. So why people should pay for your mistakes? if this is the case, You should pay for users' mistakes.