Binance's One Mistake Proves Costly For Traders Across Australia; Here's Why

Binance News: On February 23, users of Binance Australia Derivatives received abrupt alerts from the digital asset platform informing them that it was beginning to terminate a number of derivatives holdings and accounts. Several tweets show that users who did not fit the criteria to be a “wholesale investor” were informed that their positions would be closed and that they could no longer utilize the crypto derivatives platform.