Hi guys, I hope you’re all doing well.
I’ve been using Binance for 4 years, but I still don’t understand why Binance reduces leverage whenever a coin pumps or dumps after getting listed 😑.
If a coin pumps 20%, they reduce leverage from 75× to 25×. If it pumps even more, they drop it to 10× or even 5× like $AUCTION , $RARE ,$ORCA etc. Why?
@CZ , do you want us to leave Binance and switch to other exchanges?
Please guys tag the @CZ in comment section and we want Answer this question 🔍 Right❗❗