Elon Musk calls the Dogecoin problem of Binance dodgy-says that he appeals to the problem in the name of other Doge owners-Altcoins
Elon Musk calls the Dogecoin problem of Binance dodgy-says that he appeals to the problem in the name of other Doge owners-Altcoins
Elon Musk, CEO of Tesla and SpaceX, has expressed concerns about the DOGECOIN problem with the Binance cryptocurrency exchange. Musk calls the Situation "shady" and adds that "Doge owners who use Binance should be protected from mistakes that are not their fault". Both Binance CEO Changpeng Zhao and the official Twitter account of the crypto exchange answered.
Elon Musk throws a problem in the name of other Dogecoin owners
Elon Musk, CEO von Tesla, has expressed concerns about the recent Doge problem on the recent Doge problem on the cryptocurrency exchange Binance. The problem led to numerous faulty Dogecoin transactions, in which some users reported that their accounts were frozen.
Musk, who is sometimes known as a Dogefather, asked Binance CEO Changpeng Zhao (CZ): "What's going on with your Doge customers?" He added: "Sounds dodgy." His tweet attracted a lot of attention. At the time of the letter it received 4.5k comments and liked 24.1k.
Binance's and the official Twitter account from Binance answered the Tesla boss.
The Binance account did not agree with Musk that the situation was dodgy. "No, not folding-just frustrating and we are working on it," wrote the official account of the stock exchange and referred the SpaceX CEO to another thread with a detailed explanation of the previously posted situation.
"The main cause is a technical problem during the recent upgrade process, which meant that old transactions were again sent to 1,674 users," said Binance, making it clear that the problem on Binance and not on other crypto trading platforms occurred "because we have another technical wallet". Setup for Doge. " The exchange added:
We have to completely rebuild the wallet, which leads to a delay from which we expect it to take a week or so.
Binance admitted that "users who have received old transactions" and "users who cannot withdraw doors are upset", Binance demanded: "We have asked those who receive the old transactions in a friendly manner, but we are aware that selected users have problems accessing some of the wall pockets."
However,Musk argued that Dogecoin owners who use Binance should "be protected from mistakes that are not their fault". He continued on a. to show thread from Dogecoin developers who explain the situation.
The CEO of Binance soon joined the discussion. He said Musk that his team was "pretty sure" that the problem was "a problem with the latest Doge money exchange", and added that Binance was in communication with Dogecoin developers. Zhao then apologized to Musk for the inconvenience that the problem may have caused him. He ended his tweet and asked Musk after the time when Tesla had a software error that led to a recall of 12,000 vehicles. "What happened here?" He wrote.
Musk replied:
I do not use Binance (tried at one point, but the registration was too many tires to jump through), so no inconvenience for me personally. I only address this topic on behalf of other Doge holders.
"I appreciate it," replied Zhao. "I have overreact a bit because of the word," he admitted.
"The KYC part is tedious and we cannot serve US users. But you could try Binance.Us," tried to convince CZ Musk. "Still a tedious registration process, but Doge. We work with your team to fix the problem as soon as possible." Musk just answered with "sounds good".
Musk also commented on a thread about centralized crypto exchanges such as Binance and Robinhood, which take the cryptocurrencies of people into custody. In response to a tweet that says: "Not your keys, not your crypto," wrote Musk: "Exactly."
The Tesla CEO previously said that he Bitcoin ( btc ), ether ( eth ) and Dogecoin (Doge). He also confirmed that he does not have every Doge-Rival-meme cryptocurrency Shiba Inu (Shib). In October he said the real reason why he supports Dogecoin, "it feels like" Crypto of the people . “
What do you think that Elon Musk expresses concerns in the name of the Dogecoin owner at Binance? And what do you think about the answers from Binance? Let us know in the comment area below.
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