Mexc Exchange Closed My Long Position Prematurely - Missing Out on Potential Profits
I decided to take a risk and opened a long position on Mexc exchange for a specific coin. I used 200X leverage and invested $500, hoping to make a target profit of $10,000. I had placed my take profit level at $1.40 and entered the trade at $0.9994. Surprisingly, when the price began to increase, my trade was unexpectedly closed at $1.028 levels. Afterward, the price went up by 150%. I didn't make that order, but the exchange closed the trade as if I did. Instead of potentially earning a substantial amount, I only made a modest profit.
Dear MEXC Member, First of all, we wish you a happy day. Upon checking, we found that for your BEL transaction, the opening price was 0.9994, the closing price was 1.0285, and the futures transaction amount was 9860 units. We see that you paid a transaction fee of -2.1536 USDT. Your realized PNL is 284.4121 USDT. We see that you placed a TP (take profit) order at the price of 1.028. You can review the details of your TP order in the "stop limit" section within the application if you wish. You can also check your PNL details on the attached screenshot; no errors were found. (Calculation results are for reference purposes only. Transaction fees are not included in the calculation.) Thank you for your understanding. MEXC Turkey Official ŞikayetVar Team
