I think what BINANCE is doing is a robbery In some tokens.
Charging a commission of -2000%
📢 Does Binance charge you hidden fees in futures? 🚨
Be careful, traders! Binance applies abusive financing fees on perpetual contracts. 😡 In my case, they opened a charge of -2,000%, which means they deduct 133 USDT just for keeping my position open.
🔍 What does this mean?
If the financing rate is negative, those who are short pay those who are long. Binance needs to work to avoid these excessive charges. This can manipulate the market and force traders to close positions prematurely.
⚠️ Don't fall into the trap! If you trade futures on Binance, always check the financing rates before opening a position.
💬 Have you had a similar experience? Comment your experience. $RARE
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