Binance Square

tradingsafe

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😱 DID YOU SEE THE $43,000,000,000 ERROR? Bithumb’s Massive "Phantom BTC" Glitch! 😱 A shocking operational failure just hit South Korea's second-largest exchange, Bithumb. 👉🏻THE ERROR: A staff member accidentally credited 620,000 "phantom bitcoins" to 695 users instead of small promotional rewards. 👉🏻THE DAMAGE: At today's prices, that’s over $43 Billion (63 trillion won). 👉🏻THE FALLOUT: Regulators are now on high alert, and confidence in exchange safeguards is shaking. This is a massive wake-up call for "Proof of Reserves" and internal controls. 👇 Is your exchange SAFU? Drop your thoughts below! #Bithumb #BitcoinGlitch #CryptoNews #BinanceSquare #TradingSafe 🛡️🔥
😱 DID YOU SEE THE $43,000,000,000 ERROR?

Bithumb’s Massive "Phantom BTC" Glitch! 😱
A shocking operational failure just hit South Korea's second-largest exchange, Bithumb.

👉🏻THE ERROR: A staff member accidentally credited 620,000 "phantom bitcoins" to 695 users instead of small promotional rewards.
👉🏻THE DAMAGE: At today's prices, that’s over $43 Billion (63 trillion won).
👉🏻THE FALLOUT: Regulators are now on high alert, and confidence in exchange safeguards is shaking. This is a massive wake-up call for "Proof of Reserves" and internal controls.

👇 Is your exchange SAFU? Drop your thoughts below!
#Bithumb #BitcoinGlitch #CryptoNews #BinanceSquare #TradingSafe 🛡️🔥
5 Deadly Mistakes That Can Get Your Binance Account Permanently Banned Binance is one of the world’s top crypto exchanges — but violating its rules, even unknowingly, can lead to a permanent account ban. Here are 5 mistakes every trader must avoid: Using multiple accounts without approval Creating multiple accounts for bonuses, referral abuse, or evading restrictions can lead to an instant ban. Binance’s terms strictly forbid this unless explicitly allowed. Using VPNs from restricted countries Accessing Binance from banned regions (like the U.S. or some sanctioned countries) using VPNs is a major red flag. Binance monitors IP usage and can block or suspend accounts for this. KYC fraud or fake documents Submitting fake or tampered documents for KYC verification is considered fraud. It leads to permanent blacklisting — not just from Binance, but possibly from other exchanges too. Abusing the platform (API bots, wash trading, etc.) Manipulative practices like wash trading, using unauthorized trading bots, or exploiting system bugs can result in immediate and irreversible account termination. Involvement in suspicious or illegal activity Receiving or sending funds linked to scams, hacks, or money laundering activities — even unknowingly — can get your account frozen during investigations and permanently disabled. Bottom line: Always follow Binance’s terms of service, use your real identity, and avoid shortcuts. A single mistake could cost you your funds and trading privileges. $BTC $BNB #CryptoTips #BinanceBan #TradingSafe #CryptoSecurity #Write2Earn
5 Deadly Mistakes That Can Get Your Binance Account Permanently Banned

Binance is one of the world’s top crypto exchanges — but violating its rules, even unknowingly, can lead to a permanent account ban. Here are 5 mistakes every trader must avoid:

Using multiple accounts without approval
Creating multiple accounts for bonuses, referral abuse, or evading restrictions can lead to an instant ban. Binance’s terms strictly forbid this unless explicitly allowed.

Using VPNs from restricted countries
Accessing Binance from banned regions (like the U.S. or some sanctioned countries) using VPNs is a major red flag. Binance monitors IP usage and can block or suspend accounts for this.

KYC fraud or fake documents
Submitting fake or tampered documents for KYC verification is considered fraud. It leads to permanent blacklisting — not just from Binance, but possibly from other exchanges too.

Abusing the platform (API bots, wash trading, etc.)
Manipulative practices like wash trading, using unauthorized trading bots, or exploiting system bugs can result in immediate and irreversible account termination.

Involvement in suspicious or illegal activity
Receiving or sending funds linked to scams, hacks, or money laundering activities — even unknowingly — can get your account frozen during investigations and permanently disabled.

Bottom line: Always follow Binance’s terms of service, use your real identity, and avoid shortcuts. A single mistake could cost you your funds and trading privileges.

$BTC $BNB
#CryptoTips #BinanceBan #TradingSafe #CryptoSecurity #Write2Earn
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