If such a thing happened and it was my company, I'd probably just disable withdrawals as well as deposits while buying enough of them to cover for losses and nobody would be the wiser, company reputation intact without losing any additional revenue from trading even. No tokens are actually moved when you trade there and if you can't deposit or withdraw any IOTA from there, how do you even know for sure they exist as tokens in the first place (on binance that is)? For all we know they could have been stolen, destroyed/lost by accident, even a gang of BTC miner consortium henchmen extorting them with ransonware (unlikely example) anything really. Well you can interact with their platform (the exchange) but you can't access any IOTA. I may sell some of them there when the price has skyrocketed. Imagine if they disabled BTC withdrawals and deposits and went all "idk maybe sometimes in the future they'll open again". I don't expect any special treatment but I do expect equal treatment. What I'm trying to say, I truly believe I created meaningful value for them by being their customer even with such tiny capital. That's actually probably quite a bit of volume, considering I traded mainly IOTA. I mean, I checked and I made over 500 trades just during one day. Low trading fees enable rather high volume even for someone holding a mere tenth of a BTC, to the extent of multi-btc daily volume. losing like 200 miota in the process, which I had worked for very hard trading on binance for weeks, so I'm not some zero volume customer either. Thanks for not allowing withdrawal of IOTA, I had to sell for BTC which I then sent to a proper exchange/fiat ramp and used to buy IOTA. They treat IOTA marginally sure, but the fact that they were one of the early exchanges where you could easily trade with IOTA was the very reason I joined. I personally (sadly) felt like I have to stop using them altogether because of this. Posts that are not related to IOTA can be made elsewhere, e.g.
This includes, but is not limited to, no: personal attacks, threats of violence, slurs, trolling, profanity, posting people's private information (doxxing).
BINANCE WITHDRAW IOTA REDDIT MODS
No buying/selling of iotas on Reddit (only trust the listed market exchanges) scammers may try to scam you! Report any scammers to mods here. Related Subreddits: r/IOTA / r/IOTAsupport / r/iotaTipBot / r/IOTAmemes / r/CryptoCurrency / r/CryptoCurrencies Rulesįor discussion of non-market-related IOTA topics, visit r/IOTA. Supply & Units: i./lsq4610.jpeg / i./Y6zOB5G.jpg IEN Application: goo.gl/forms/OrrXmhu1rKfy2dgp2 InformationĮcosystem Fund: /iota-ecosystem-fund-2-millionĪMA: r/Iota/comments/6hugtq/ask_us_anything IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other applications where a scalable decentralized system is warranted. Further, unlike blockchain architecture, IOTA has no separation between users and validators (miners / stakers) rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. Scaling limitations have been removed, since throughput grows in conjunction with activity the more activity, the more transactions can be processed & the faster the network. IOTA uniquely offers zero-fee transactions & no fixed limit on how many transactions can be confirmed per second. The IOTA Tangle is a quantum-resistant Directed Acyclic Graph (DAG), whose digital currency ' iota' has a fixed money supply with zero inflationary cost. IOTA is an open-source distributed ledger protocol launched in 2015 that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. For discussion of non-market-related IOTA topics, visit r/IOTA Please focus discussion on IOTA investment, trading, and market-related activity.
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