Here is the detail of the reimbursement for Binance Futures ETH/USDT System Issue and Liquidation.
Binance Futures ETH/USDT System Issue
At 23:21:49 on October 14, 2021 (East Eighth District Time), Binance’s ETH/USDT perpetual contract experienced an abnormal liquidation. It was confirmed for the first time that some users were affected by this incident. The time range of ETH/USDT affected was 23:21:49-23:57:27 (East Eighth District Time).
Binance will contact the affected users within 24 hours and automatically refund the liquidation fee and 100U transaction fee deduction coupons. Binance will follow up on the progress of each user in the form of emails. If you have more questions, please contact customer service for further consultation. Binance apologizes for the inconvenience caused to you.
If you are a user affected by this incident, Binance will refund all the liquidation fees in your ETH/USDT perpetual contract transaction to your spot account. Please check the distribution result in “Wallet-Distribution Record” [Remarks: ETH/USDT_1014 (Futures)].
Binance Spot, Options, and other contracts except ETH/USDT will not be affected.
Go to Binance Official Website
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
Binance official website is here.
Please click "Introduction of Binance", if you want to know the details and the company information of Binance.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...