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    [Daily Discussion] Tuesday, March 24, 2020 Bitcoin Markets

    March 24, 2020

    [Daily Discussion] Tuesday, March 24, 2020 Bitcoin Markets

    [Daily Discussion] Tuesday, March 24, 2020

    Posted: 23 Mar 2020 09:05 PM PDT

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    [Altcoin Discussion] Tuesday, March 24, 2020

    Posted: 23 Mar 2020 09:05 PM PDT

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    Alert ! do not use poloniex margin trading

    Posted: 23 Mar 2020 12:17 PM PDT

    on 12 Mars when the crypto market got hard hit to the downwards i got my margin account liquidated on both Binance and poloinex almost the same time but the bad thing about poloniex margin trading that i suppose to have around 20% left on poloniex after liquidation but what i got left is just less than 0.01% yes i had over 20 bitcoin on margin account there what is left for me after liquidation is just 0.02 btc and they blame that on me because i had altcoins on my collateral margin account even this is not the first time i had such trade with altcoins on my collateral margin account with them and it never hit that bad at the same time i had margin open at Binance with altcoins on my collateral margin account too for LINK ( chianlink ) so i had both LINK on my margin and on my collateral margin account and i got liquidated at the same time when market crashed but i got left around 20% of my money left after liquidation in Binanace .

    ​

    what happend on poloniex that i saw with my own eyes that when the market crashed the margin meter moves to -30% yes -30% with no liquidation and it start the liquidation when the market bounce back a little bit all that happen while my margin meter was in negative .

    left my account with just 0.02 btc out of 20 btc

    ​

    , and when i contact them explaining about this situation they refuse to confess that they had a problem on their system and refuse any refund and put the blame on me .

    ​

    here is a full screenshot for the support ticket and the screenshot of the account balance before and after liquidation

    ​

    screenshot for the margin when it was in negative
    https://ibb.co/tYBr7Fv

    screenshot for my account balance few hours before the liquidation
    https://ibb.co/17JtqtP

    ​

    my account balance after the liquidation
    https://ibb.co/Zc9dVj0

    ​

    screenshot for the support ticket
    https://ibb.co/smpmgNN

    ​

    at the end i will never use Poloniex again i do not trust them with my money and i post here so you people take care

    submitted by /u/inbtcwetrust
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