FudBox

More Binance HK FUD as Exchange Sets CAP on BTCDOWN Token Trades

So this WAS my buy grid until I attempted to enter orders into the system and received a popup window stating that I would exceed some new limit they now have placed on the amount of BTCDOWN an account holder can accumulate. Total BS and apparently they've capped ALLLLL the DOWN tokens to $5K max citing "extreme risk" as their reason for doing so. I could go on a rant but why bother, the variable leverage and ease of use was why I chose to use this token over jumping through all the margin hoops to short straight vanilla Bitty. Also, Binance HK has further caved to regulators and set a new cap on exchange withdrawals to 0.06 BTC for lower tier verified accounts. The party will end at some nearing point now and the glory days of a "free market" for crypto will soon be gone. It was fu while it lasted though. www.binance.com/en/s...4dca914d37fc9c58bc09
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