An anonymous user reportedly lost $400,000 paying over 17,000 times the market price of a token by pressing “Market Buy” on Binance. First revealed in a Reddit post on May 9th, the news left many speculating on whether or not the alleged loss actually happened, and if it did, how did an exchange as large […]The post Market buy on thin Binance order book costs inexperienced trader $400,000 appeared first on CryptoSlate.
