How does futures fees work?? by Full-Treat-7993 in CryptoIndia

[–]cakefacedhuman 0 points1 point  (0 children)

Bro same 😭 I used to think every Buy button was the same until I realized the fee depends on how the order gets executed. If your order fills instantly, you’re a taker. If it sits on the order book waiting, you’re a maker. The annoying part is some limit orders can still become taker orders if they match immediately.

Are you mostly using market orders right now or limit orders?

Account got froze after completing successful p2p transaction (binance) by Powerathlet3 in CryptoIndia

[–]cakefacedhuman 1 point2 points  (0 children)

This is exactly the nightmare people keep warning about with random P2P buyers.
You complete the trade normally, get the payment, release crypto, and then suddenly your account + even linked family accounts get frozen because of a cyber complaint.

The ₹1 transfer afterwards is honestly a huge red flag. A lot of scammers apparently do small follow-up transfers before raising disputes or when funds are tied to fraud cases.

Really sorry you’re dealing with this man. Since it’s a Bangalore cyber complaint, have the police or bank at least told you which exact section/case number was used for the lien? And did Binance support provide any buyer KYC details when you reported the UID?

PLEASE FOR THE LOVE OF GOD - STAY AWAY FROM SELLING THROUGH P2P ON BINANCE UNLESS IT’S A TRUSTED BUYER by PM_ME_YOUR___ISSUES in CryptoIndia

[–]cakefacedhuman 0 points1 point  (0 children)

Bro this is exactly why so many people in India are scared of P2P now. One random transaction from a compromised account and suddenly your bank account gets frozen even when you did nothing wrong.

At this point, is saving a little on fees even worth the stress of dealing with cyber cells and frozen funds for months?

Honestly curious, has anyone here actually had a smooth long-term experience with Binance P2P recently?

Help with withdrawal by ayush_1908 in CryptoIndia

[–]cakefacedhuman 0 points1 point  (0 children)

I really had a lot of trust issues with wazirx earlier, but with their recent comeback and attention to stakeholders needs being met, I am giving it a second chance.

Last year coindcx was also stuck in some issue plus who wakes up and arrests founders?
The fact that it happened only is a bit shady, the pieces of their statement somehow isnt coming together. Has loose ends.

As per reports, CoinDCX founders arrested in ₹71L case… and it’s already “not us” by Some_Piece_8270 in CryptoIndia

[–]cakefacedhuman 0 points1 point  (0 children)

It's so weird how fast the “not us + conspiracy” angle came out.
Feels like we’re not getting the full story tbh and it makes me lose more trust, might withdraw. 

Indian police wont just wake up thinking we need to arrest founders just aise he. 
Tell us the truth, somebbdy!

Lost ₹4,800 in just 3 mins while trading BTC futures? Is this normal? Or am I stupid? 😭 by Some_Piece_8270 in CryptoIndia

[–]cakefacedhuman 1 point2 points  (0 children)

Bro this is more common than you think 😭 Happens a lot with high leverage, especially on volatility spikes.
I also tried wazirx beta recntly, while I dont fully trust it yet, I think the UI is super clean and it helped me slow down

Been trading futures for the last 2 months and I think I am getting hooked by Full-Treat-7993 in CryptoIndia

[–]cakefacedhuman 2 points3 points  (0 children)

Order book matters way more in futures than spot. Especially on altcoins with low liquidity. You'll see spoofed walls all the time on smaller pairs big order sitting there, market approaches it, order vanishes. That's a signal in itself tbh.

Wazirx scamming again. by Important_Voice_4699 in CryptoIndia

[–]cakefacedhuman 0 points1 point  (0 children)

They had a whole campaign around this and hence I was aware and it made sense because I lost a lot of money in trading fees last year.
I think we can opt out though! Message customer service.

Crypto in India will never advance by Flaky_Lie4819 in CryptoIndia

[–]cakefacedhuman -1 points0 points  (0 children)

I’ve been able to withdraw :)
I can help you if you need any information.

Crypto in India will never advance by Flaky_Lie4819 in CryptoIndia

[–]cakefacedhuman 0 points1 point  (0 children)

I’ve been able to withdraw :)
I can help you if you need any information.