I startet messing around with the Auto Invest festure, and i’ve discovered that the buy times never match what i set when i subscribed. I made a plan to buy every hour, and every single buy was at least 20 minutes late.

I mean if i create a plan to buy at 8, i expect a buy at 8. Not 8.30.

I didnt check price on all buys, but at least some dont match the market price at the time of purchase.

Are Binance taking advantage of Auto Invest Plans to take hidden fees?


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Posted in Binance Reddit

3 Comments

  1. Thinking_usd on 31. October 2023 at 15:57

    Yes I think that’s what they’re doing, I had a friend complain bout same issues

     


  2. BinanceCSHelp on 31. October 2023 at 15:57

    In your market transactions when your purchase is completed and defined in your wallet is your actual purchase time. Because your funds are defined when your transaction takes place. It may take a while for your current purchased funds to be transferred to your account with auto invest. This is based on if you have any other plans with this last purchase. If you want it to be instantly transferred to your participation, you can transfer your current funds manually from your “earn”. Because you are starting to receive interest on your participation from the day after your participation. There is no loss for you here. You can also take a look the article about the automatic invest for details: [https://www.binance.com/en/support/faq/what-is-auto-invest-and-how-to-use-it-3dd41bc1d4ea4879863ffbf2211a17fe](https://www.binance.com/en/support/faq/what-is-auto-invest-and-how-to-use-it-3dd41bc1d4ea4879863ffbf2211a17fe) ^KO

     


  3. liquors_cries on 31. October 2023 at 15:57

    Did you find out the treuth?