I want to take a moment to share something personal from the Oct 11 crypto crash — a day I won’t forget.
When the market tanked and over $19B was wiped out in hours, I was caught right in the storm.
My futures account got completely liquidated — around $15,500 gone in a flash.
I was trading $ENA , $PENGU , and $LINK . Watching those red candles drop felt like watching months of effort disappear in minutes.
But what happened next truly surprised me.
After the dust settled, Binance quietly rolled out a recovery initiative — compensating affected traders who met certain criteria.
A few days later, I logged in and saw $4,000 credited back to my account.
No other exchange stepped up like that. Binance didn’t have to — but they did.
And that says a lot.
This crash reminded me of one important thing:
👉 You can lose trades — but not your trust, if you’re trading on the right platform.