Yi Hee, one of the founders of the Baynsen currency exchange, said the digital currency trading platform cannot be responsible for the upward and downward fluctuations in the price of the tokens listed. These statements are followed by a dramatic decline in the value of a number of tokens in recent transactions.
In his recent post, Yi Hae, while acknowledging some shortcomings in the performance of the Binens platform, emphasized that the development team is committed to promoting the performance of the currency. However, he opposed the views of critics who blamed Binance as responsible for the drop in the value of a number of recently accepted tokens in the currency exchange.
“We are faced with many challenges and issues, but the notion that Binnes is responsible for the ups and downs of all digital currencies is inaccurate,” Yi Hae said in his latest remarks. “There are certainly many areas for optimizing our products and operations.”
Although he considers the source of these criticisms to be understandable, he has acknowledged that he feels overwhelmed by the repeated allegations in the Crypto ecosystem. He implicitly compares this situation with the seizure of the ideas and the accusations of innocent people by businessmen who blame the digital currency exchange for issues outside its control.
“It is not enough to prove innocence and apologies,” Yi Hae said. “As soon as your name is involved, you will be charged immediately and you will be scandalous in public.”
The reaction of the hee came after the value of several penicinists in the Binens Spot transactions decreased by 2 % to 5 % over April 1-8. To date, the tokens listed in the binoculation and have witnessed a significant drop include ACT, TST, Mask and Lever. The latest tunes that have been severe and short -lived, Cati, is the native token of the Caatizen mini -gim on the Ton bed. CATI lost more than 2 % of its value during the April 5 trading.
On April 5, several penis have been priced in succession at the Binens currency exchange. For example, the ACT/USDT trading pair fell to about 2 % in just 5 minutes, while Dexe/USDT and DF DFORCE experienced a depreciation of more than 2 % and 5 %, respectively. This has led the ACT team to announce the launch of an investigation into the recent price drop.
The next day, we saw another sharp drop in the value of digital currencies ACT and DF; The ACT price dropped by about 2% and DF was about 2%. Meanwhile, the Lever/USDT and Mask/USDT trading pairs also faced a significant decline. The price of Lever/USDT fell to 2% and Mask/USDT fell to 5%. Analysts and traders believe that these sudden and dramatic declines in some special token were probably due to the large volume of sales orders that were implemented simultaneously at the currency exchange.
This has led to a number of market participants and online traders responsible for the binoculation currency exchange and compare and criticize its performance with other trading platforms such as Kevinbis and Bitfinks.
“The current negative reactions to the binoculation stems from the market’s domination of the market as well as the lack of transparency in how it works,” said one traders. Another trader, in a Chinese -language question, called for a Bayannes account about the ACT status, asking, “Does the Binns accept responsibility for the events related to the ACT?”
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