Binance customers have accused the enormous exchange of stealing image-based orders, a bitcoin asset similar to pictureless tokens (NFTs). He accidentally sent his assets to his Bitcoin (BTC) deposit address despite Binance’s warning that he would only deposit common BTC.
After realising his mistake, he contacted Binance Support for Help. Binance’s customer service said they couldn’t help him.
At that point, he assumed that his assets had been lost forever. but, He later found out that his order was for sale in Magic Eden.
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Infuriated, the customer claimed in X’s post that Binance employees secretly restored the order – despite Binance’s official claim that it was irreparable – listed it for sale. However, if you learn about the practice of being called, Sit and breadhe deleted the original post with implicit embarrassment.
The original claim has been circulating through word of mouth on social media, and many critics are pleased to stroll around Binance, an incredibly profitable conglomerate. A sympathizer tagged with founder Changpeng Zhao (CZ) and criticised the “theft.” Others are called “criminal organisations” who lament “Unfortunately, unfortunately there’s nothing we can do.”
SAT’s bread
Soon, more experienced BTC users jumped into the chat. They explained what actually happened.
After all, Binance hadn’t stole the order NFT. Instead, a familiar collector from Rare BTC pannanced the vinance and won the lottery.
Satoshis or “Sats” bread is the smallest sect of Bitcoin, equal to 1/100 million of 1 BTC, and is a digital version of centuries-old practice of gold bread.
SATS Panners sift through the pile of Bitcoin, hoping that Gold Panners will find a nugget, sift through waterbeds and dirt piles, as well as find rare SATs.
Bitcoin or other NFT-like data is assigned to a specific SAT. Anyone who owns those SATs owns a right to those ordinances.
Find a huge pile of mixed Bitcoin in a huge exchange – some of which include the rare SAT – users have deposited and withdrawn a large amount of Bitcoin in recent months. Again and again, they withdraw Bitcoin after depositing, confirming each withdrawal of the rare SAT.
Sometimes they win the lottery.
Mixed Bitcoin is a pile of gold stains
Binance executives consider Satoshis to be an alternative. The employee will not spend time searching for client deposits for the unusual SAT.
From the huge mixed mountain of Bitcoin, vinance workers simply pay the SAT for withdrawal requests, without considering whether Bitcoin is “rare” or not. For the average SATS PANNER, Binance’s indiscretion is Digital Goldmine.
Anyone who can retire and withdraw from these mixed Bitcoin pools can hope that they will win the withdrawal lottery.
The downside is primarily trading fees and the possibility of winning lottery tickets, but practice is a niche entertainment in crypto. Sometimes, the Panners check for retreat and discover windfall. They may list their lucky victory About the Magic Eden.
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