-
Bitcoin $83,253.5827
2.27% - Ethereum
$1,868.7713
0.29% - Tether USDt
$0.9999
0.03% - XRP
$2.2290
3.52% - BNB
$579.0105
4.97% - Solana
$123.8254
1.58% - USDC
$0.9999
0.01% - Cardano
$0.7170
-0.05% - Dogecoin
$0.1685
4.36% - TRON
$0.2236
0.81% - Pi
$1.7066
14.86% - UNUS SED LEO
$9.6858
-1.80% - Chainlink
$13.1552
2.75% - Hedera
$0.1946
-2.23% - Stellar
$0.2650
5.52% - Avalanche
$18.7530
9.26% - Shiba Inu
$0.0...01214
1.82% - Sui
$2.2430
1.87% - Litecoin
$89.2413
0.39% - Bitcoin Cash
$337.5309
1.42% - Toncoin
$2.6990
2.75% - MANTRA
$6.4530
2.52% - Polkadot
$3.9402
-0.54% - Ethena USDe
$0.9995
0.02% - Dai
$0.9999
0.00% - Bitget Token
$4.1905
1.48% - Hyperliquid
$12.8294
-4.85% - Monero
$208.6207
-0.38% - Uniswap
$5.7737
-1.22% - Aptos
$5.0785
-0.40%
Will the BigONE contract deposit be refunded?
Despite the uncertainty surrounding BigONE's financial recovery, the exchange has expressed its commitment to exploring options for refunding users' lost funds.
Nov 24, 2024 at 02:30 am
Will the BigONE Contract Deposit Be Refunded?
Introduction
BigONE is a popular cryptocurrency exchange that offers a variety of trading services, including spot trading, margin trading, and futures trading. In recent months, the exchange has been facing financial difficulties, and there have been concerns about whether or not users will be able to withdraw their funds.
What Happened?
In June 2022, BigONE announced that it was suspending all withdrawals due to "unprecedented market conditions." The exchange later admitted that it had lost a significant amount of money in a hack, and that it was not able to cover the losses.
What Is BigONE's Plan?
BigONE has stated that it is working on a plan to refund users their lost funds. The exchange has said that it is exploring a number of options, including raising new capital or selling its assets.
What Are the Chances of Getting a Refund?
It is unclear what the chances are of BigONE users getting a refund. The exchange has not provided any concrete details about its plan, and it is possible that it will not be able to raise enough money to cover the losses.
What Should Users Do?
Users who have funds on BigONE should monitor the situation closely. The exchange has said that it will provide updates on its plan as soon as they are available. Users may also want to consider filing a claim with their credit card company or bank in case BigONE is unable to refund their funds.
Additional Information
- BigONE is a Seychelles-based cryptocurrency exchange that was founded in 2017.
- The exchange offers a variety of trading services, including spot trading, margin trading, and futures trading.
- BigONE has been facing financial difficulties in recent months, and there have been concerns about whether or not users will be able to withdraw their funds.
- The exchange has stated that it is working on a plan to refund users their lost funds, but it is unclear what the chances are of this happening.
- Users who have funds on BigONE should monitor the situation closely and consider filing a claim with their credit card company or bank in case BigONE is unable to refund their funds.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Kaanch Network: The Next Big Thing in the Cryptocurrency Market
- 2025-03-13 14:50:51
- U.S. CPI data strengthens expectations of a Fed rate cut this year, pushing Bitcoin back above $80,00.
- 2025-03-13 14:50:51
- Bitcoin, XRP, and Dogecoin Ride the Wave of Favorable Economic Winds
- 2025-03-13 14:50:51
- RWA Tokenization Company Securitize Selects RedStone Oracles as Its Primary Data Provider
- 2025-03-13 14:50:51
- Arichain Partners with Ankr to Enhance Blockchain Scalability and Improve Developer Accessibility
- 2025-03-13 14:50:51
- Ethereum (ETH) Has Hit Its Lowest Value Against Bitcoin (BTC) Since Mid-2020, Suggesting Altcoin Season Could Be Brewing
- 2025-03-13 14:50:51
Related knowledge
What are the application scenarios of smart contracts?
Mar 13,2025 at 03:26pm
Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...
What are the similarities and differences between DOGE contract and Bitcoin contract?
Mar 12,2025 at 12:06pm
Key Points:Both DOGE and Bitcoin contracts offer leveraged trading, allowing traders to magnify potential profits (and losses).Key differences lie in volatility, market capitalization, and underlying asset characteristics. DOGE is significantly more volatile than Bitcoin.Trading fees and leverage limits can vary between exchanges offering these contract...
How to set the stop-profit and stop-loss for a DOGE contract?
Mar 13,2025 at 09:51am
Key Points:Understanding the volatility of Dogecoin (DOGE) is crucial before setting stop-loss and take-profit orders.Leverage significantly amplifies both profits and losses in DOGE contracts. Careful consideration is needed.Different exchanges offer varying methods for setting stop-loss and take-profit orders. Familiarity with your chosen platform is ...
What is the difference between the position-by-position and full-position modes of a DOGE contract?
Mar 12,2025 at 09:20pm
Key Points:Position-by-Position Mode: Trades are executed individually, allowing for greater control and flexibility but potentially higher transaction fees. Margin usage is managed per trade.Full-Position Mode: All trades are aggregated into a single position, simplifying margin management but limiting individual trade control. Margin is managed for th...
What is a DOGE contract?
Mar 12,2025 at 09:01am
Key Points:DOGE contracts, unlike traditional contracts, are agreements executed on a blockchain using smart contracts.These contracts leverage the Dogecoin (DOGE) cryptocurrency for payments or collateral.Several types of DOGE contracts exist, including futures, options, and perpetual swaps.Risks associated with DOGE contracts include price volatility,...
Common terminology explanation in USDT contract trading
Mar 07,2025 at 04:36am
Key Points:USDT, a stablecoin pegged to the US dollar, is widely used in cryptocurrency contract trading.Understanding USDT contract trading involves grasping leverage, margin, liquidation, and perpetual contracts.Risk management is crucial, necessitating careful consideration of position sizing, stop-loss orders, and market volatility.Various exchanges...
What are the application scenarios of smart contracts?
Mar 13,2025 at 03:26pm
Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...
What are the similarities and differences between DOGE contract and Bitcoin contract?
Mar 12,2025 at 12:06pm
Key Points:Both DOGE and Bitcoin contracts offer leveraged trading, allowing traders to magnify potential profits (and losses).Key differences lie in volatility, market capitalization, and underlying asset characteristics. DOGE is significantly more volatile than Bitcoin.Trading fees and leverage limits can vary between exchanges offering these contract...
How to set the stop-profit and stop-loss for a DOGE contract?
Mar 13,2025 at 09:51am
Key Points:Understanding the volatility of Dogecoin (DOGE) is crucial before setting stop-loss and take-profit orders.Leverage significantly amplifies both profits and losses in DOGE contracts. Careful consideration is needed.Different exchanges offer varying methods for setting stop-loss and take-profit orders. Familiarity with your chosen platform is ...
What is the difference between the position-by-position and full-position modes of a DOGE contract?
Mar 12,2025 at 09:20pm
Key Points:Position-by-Position Mode: Trades are executed individually, allowing for greater control and flexibility but potentially higher transaction fees. Margin usage is managed per trade.Full-Position Mode: All trades are aggregated into a single position, simplifying margin management but limiting individual trade control. Margin is managed for th...
What is a DOGE contract?
Mar 12,2025 at 09:01am
Key Points:DOGE contracts, unlike traditional contracts, are agreements executed on a blockchain using smart contracts.These contracts leverage the Dogecoin (DOGE) cryptocurrency for payments or collateral.Several types of DOGE contracts exist, including futures, options, and perpetual swaps.Risks associated with DOGE contracts include price volatility,...
Common terminology explanation in USDT contract trading
Mar 07,2025 at 04:36am
Key Points:USDT, a stablecoin pegged to the US dollar, is widely used in cryptocurrency contract trading.Understanding USDT contract trading involves grasping leverage, margin, liquidation, and perpetual contracts.Risk management is crucial, necessitating careful consideration of position sizing, stop-loss orders, and market volatility.Various exchanges...
See all articles
