GATE.io Manipulative Trading Causes Massive Loss
May 13, 2023 7:45 pm
1,304
Yesterday, I put down 200KA on the GATE.io cryptocurrency exchange so I could use a limit order to buy a specific coin. But when I tried to buy the item, the value of the coin was in the negative double digits. I was frustrated because I couldn't make the trade for hours because the coin wasn't available at a price I liked. Unexpectedly, things took a sudden turn for the worse. The price of the coin went up by +80%, which caused me to lose a lot of money (30KA). It looked like the market was being changed to hurt me on purpose. Because of what happened, I'm very upset and sad. I'm sure that the exchange used these kinds of tricks to trick people on purpose. I lost a lot of money, and I want to get it back.
Q&A: Explore Popular Queries
Check out the solutions and tips on this topic.
Show more
Similar Complaints
I recently made a trade on Gate.io and earned a profit of approximately $198. However, instead of being able to enjoy my gains, the platform charged me an outrageous $220 in commissions, leaving me not only without profit but actually at a loss from my initial investment. This has happened more than...
I had 8,500 LTC5L coins on Gate.io, which I purchased at ₺0.30 each. Recently, the coin surged in value and reached ₺50. But instead of seeing the return I rightfully earned, I was shocked to find that my coin count had been reduced to just 8. This was supposedly due to a 1000x reverse split or some...
I purchased a cryptocurrency on Gate.io, trusting the platform's reliability. However, following a coin name change, my holdings were removed from my account without my consent. Despite my attempts to clarify the situation, the coin was never relisted, and I have not received any refund for the amou...
I am absolutely furious with Gate.io! My Fly/Franklin coin has been inexplicably suspended on my account, and I'm completely locked out of trading it. The coin I invested in was suddenly blocked from trading, and now I can't sell it at all. I'm holding 180,000 coins, and the price even jumped to $0....
Regarding a recent incident with the Gate.io cryptocurrency exchange, I am writing to convey my profound dissatisfaction and worry. The unexpected closure (liquidation) of four of my trading positions occurred despite my setting very low liquidation levels. The administration at Gate.io was unconcer...
Comments