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what happened to my binance balance

What happened to my Binance account?

In 2020, Binance shut off access to all accounts based in the United States due to pressure from regulators. Unfortunately, this move caused thousands of Americans to lose access to their Binance accounts, and by extension, their cryptocurrency holdings.

Why is my balance not available on Binance?

If you are experiencing issues with the insufficient funds bug or inaccurate balances after trades, the quick resolution is to make an open order (ensure it doesn't fill) and then cancel it. This may sync your balance. Orders from 01/03 are all missing for me.

How do I recover funds from Binance?

Luckily with Binance you can recover your transaction and ask for the funds to be sent back for a small fee. Head across to your Binance Account. Go to your wallet and then to FIAT and Spot (Deposit & Withdraw). In the top right corner you'll see a link for deposit withdrawal history.

What happened Binance fund?

Effective from August 11, Binance will cease to support off-chain fund transfers between WazirX exchange and Binance via the "Login with Binance" option after the Enforcement Directorate froze ₹64.67 crore worth bank deposits of WazirX.

Can you lose money in Binance?

At a certain point, Binance liquidated Ahmed's trade — a process that happens automatically when losses on a bet exceed investors' deposits. He lost everything. Had he been able to close his position when he wanted to, he said, he would still have 3,300 ether — worth about $10 million today.

Why did Binance lock my assets?

This is to ensure no US citizens or residences are using Binance.com (they may instead use Binance.US). If we detect that you have violated our Terms of Use, we may lock your account for a period of time or until the issue has been resolved.

Where are my coins in Binance?

Log in to your Binance account and go to [Wallet] – [Overview]. 2. Here you can check the balances of all your Binance wallets, and make transfers internally or externally. You can see the [Estimated Balance] of your wallets.

How long does it take for funds to settle in a Binance?

Depending on when your bank processes the transfer, funds received by Binance will usually be credited within the same day upon receipt.

Can Binance recover lost crypto?

Recovering from a custodial wallet or exchange Most, including exchanges, will unfortunately not be able to provide you with your key. If you deposit tokens into your Binance account with the wrong blockchain selected, Binance cannot help you retrieve your crypto.

Does Binance recover stolen funds?

Binance has recovered crypto assets worth $5.8 million linked to the Axie Infinity hack. In a tweet, Binance founder and CEO Changpeng Zhao said the funds that were distributed over 86 wallet addresses have been recovered. “The DPRK hacking group started to move their Axie Infinity stolen funds today.

Can Binance keep your money?

Binance.US does not provide information on an internal wallet offering, but you can keep your coins within your account on the exchange. It also partners with Trust Wallet, a third-party hot wallet option. You can withdraw your coins from your account onto your own hot or cold storage option at any time (for a fee).

Where are my coins on Binance?

Log in to your Binance account and go to [Wallet] – [Overview]. 2. Here you can check the balances of all your Binance wallets, and make transfers internally or externally. You can see the [Estimated Balance] of your wallets.

Is it safe to keep crypto on Binance?

When you convert your money into cryptocurrency or token, though, it is not insured anymore. This applies to every single country – therefore, storing your official currencies with Binance should be safe most of the time.

How do I recover my trading losses?

  1. How do I know all this?
  2. Step 1: Empty your Trading Account.
  3. Step 2: Take a Break.
  4. Step 3: Accept the Loss.
  5. Step 4: Investigate the Root Cause.
  6. Step 5: Build A Fool-Proof Process.
  7. Step 6: Score Small Wins.
  8. Step 7: Manage Risk Aggressively.

Can Binance freeze your account?

This is to ensure no US citizens or residences are using Binance.com (they may instead use Binance.US). If we detect that you have violated our Terms of Use, we may lock your account for a period of time or until the issue has been resolved.

Is it safe to leave my crypto in Binance?

When you convert your money into cryptocurrency or token, though, it is not insured anymore. This applies to every single country – therefore, storing your official currencies with Binance should be safe most of the time.

Are my coins safe on Binance?

Binance security features also include address whitelisting, device management, and the ability to restrict device access. Like Coinbase, all USD balances are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC) and held in custodial bank accounts.

Is there a problem with Binance?

At the moment, we haven't detected any problems at Binance.

How long does Binance take to recover funds?

Fortunately for Damien, who lost 98,000 USDC, our Binance Angels were able to recover his money in just 24 hours.

Can you lose money on Binance?

Yes, it is highly possible that you can lose money even by taking advantage of Binance Earn. The problem is that even by accruing interest and compound interest on your deposits, you could still lose your investment if the value of the cryptocurrency or virtual token you staked falls.