The exchange does not allow retail investors to make money
Binance Announcement
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Binance will adjust the funding rate settlement frequency for the VIDTUSDT U-based perpetual contract (2025-04-09)
This is a general announcement. The products and services mentioned here may not be applicable to your region. Dear user: Binance will adjust the funding rate settlement frequency for the VIDTUSDT U-based perpetual contract on April 09, 2025, at 18:00 (UTC+8). The funding rate settlement frequency will change from once every four hours to once every two hours. The specific arrangements are as follows: Time (UTC+8) Maximum funding rate April 09, 2025 18:00 +2.00% / -2.00% April 09, 2025 20:00 +2.00% / -2.00% April 09, 2025 22:00 +2.00% / -2.00% April 10, 2025 00:00
They are the ones manipulating it. Originally, if they hadn't adjusted the time, I would have accepted the loss, but adjusting the time is unfair to us.
They just don't want to let retail investors make money
不做韭菜要做资本
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FUN-2's rate, settled every two hours? 12 collections in one day? Is there no one to manage this? A position of ten thousand dollars, that's 200 dollars at a time In one day, that's 2400 dollars It's clearly a grab
I want to transfer my assets, I don't want to stay on Binance anymore
Binance Announcement
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Binance will adjust the funding rate settlement frequency for the FUNUSDT U-based perpetual contract (2025-04-06)
This is a general announcement; the products and services mentioned here may not be available in your region. Dear user: Binance will adjust the funding rate settlement frequency for the FUNUSDT U-based perpetual contract on April 6, 2025, at 02:00 (UTC+8). The funding rate settlement frequency will change from every four hours to every two hours. The specific arrangements are as follows: Time (UTC+8) Maximum funding rate April 6, 2025 02:00 +2.00% / -2.00% April 6, 2025 04:00 +2.00% / -2.00% April 6, 2025 06:00 +2.00% / -2.00% April 6, 2025 08:00