Kcex Liquidated My Voxel Trade at False Price and Erased My Balance

Kcex Liquidated My Voxel Trade at False Price and Erased My Balance
Gencer
Gencer
KCEX
April 22, 2025 1:47 PM332

I'm very disappointed and angry with Kcex. Using my account (ID: 34246614), I had a ₺26,000 balance and opened both short (135,000 units) and long (110,000 units) positions in the Voxel coin on futures. My liquidation price was around 0.45, yet on April 20, 2025, at 05:54, Kcex liquidated my position at a shocking 0.1609—far below any logical level. As a result, all my positions were wiped out, and my entire account balance went to zero.

When I contacted customer service multiple times, they gave me inconsistent and irrational explanations. First, they admitted there was an error and promised compensation. Then, they changed their story, claiming Voxel was delisted and relisted—something that was never officially announced on their platform. When I pointed that out, they sent me a broken link and insisted that the announcement was there. That link had no relation to the exchange and clearly led to an invalid page.

Comments

Q&A: Explore Popular Queries

Check out the solutions and tips on this topic.

Similar Complaints

Kcex Closed My Account and Stopped All Withdrawals

Enes
Enes
KCEX
August 9, 2025 12:41 AM278

On August 8, 2024, even though I was able to log into my Kcex exchange account, I was informed that my account had been ...

Kcex Suspended My Account Without Explanation While Holding My Funds

Ahmet
Ahmet
KCEX
June 23, 2025 9:42 PM335

I currently have $14 worth of funds in my spot account on the Kcex exchange. However, I received a notification stating ...

KCEX Seized All My Funds Without Warning and Blocked Me From Seeking Support

Ahmet
Ahmet
KCEX
February 17, 2025 2:54 PM188

KCEX has taken the entire balance from my account—money that I personally deposited—claiming it “violated their rules,” ...

I Deposited Funds on KCEX and They Froze My Account Without Explanation

Tacdin
Tacdin
KCEX
February 25, 2025 5:21 PM265

Right after depositing my money into KCEX, my account was suddenly frozen without any clear reason or warning. I receive...