I want to take a moment to share my experience from the recent crypto crash on October 11th.
When the market plunged and over $19 billion was wiped out in just hours, I was one of many traders caught in the storm. My futures account was completely liquidated — over $15,500 gone in an instant. Watching those red candles was like seeing months of hard work vanish. My positions were in $ENA
, $PENGU
, and $LINK
But what happened next truly caught me off guard.
After the dust settled, Binance quietly launched a recovery initiative, offering compensation to affected users who met certain criteria. A few days later, I checked my account — and there it was: $4,000 credited back.
No other exchange did that. Binance didn’t have to — but they did.
Because in this space, trust still matters.
This crash taught me something important: in crypto, you can lose trades — but not your faith, especially when you're with the right platform.