Making money in the crypto world for a few months, cash withdrawal frozen, two lines of tears! This issue may be resolved today.
Binance took the lead in flipping the table, creating a 'Strictly Selected Area,' with frozen withdrawals and a 50% compensation (max limit of 20,000 USDT)!
Next door, Huobi (HTX) immediately followed suit, shouting full compensation (max limit of 10,000 USDT)!
Does it seem like Huobi is more impressive? I advise you not to be too naive! I looked into the rules:
* Huobi's '100% compensation' has a limit of only 10,000 USDT and sets 6 bizarre regulations that are long and convoluted, clearly indicating they don't want to compensate after an incident.
* Binance's '50% compensation' has a limit of 20,000 USDT, and the rules are straightforward. Moreover, the merchants involved are top-tier players with a deposit of 100,000 USDT and have undergone strict review, meaning their funds are clean.
Conclusion:
Don't just look at the advertisements; look at the effectiveness. For the vast majority, Binance is the real peace of mind that can help you exchange your USDT for cash. Solving the problem at its root is more important than just shouting slogans.
