Binance Square Launches ‘Trader Profile’ to Verify and Follow Traders
Binance Square has rolled out a new ‘Trader Profile’ feature, allowing users to verify and follow trusted traders on the platform.
- This feature aims to improve transparency and responsible engagement within the Binance community.
- It provides users with valuable insights into a trader’s portfolio, performance, and trading badges.
Features of the Trader Profile
The Trader Profile offers several key elements designed to boost credibility and trust.
- Portfolio Overview: Displays asset allocation percentages to show how a trader diversifies their investments.
- P&L Data: Offers insights into performance trends over different timeframes, helping followers track success.
- Trader Badges: Highlights a trader’s expertise and trading style, providing further credibility.
These profiles are visible only to a trader’s followers, ensuring privacy while still building trust and credibility.
Yi He’s Role in the Launch
Binance Co-Founder Yi He emphasized the importance of transparency and shared her personal involvement in the product test.
- Yi He disclosed that her portfolio is 89% allocated to BNB, reinforcing her confidence in the coin.
- She highlighted the ability for users to verify portfolios and gain credible trading insights backed by real data.
Enhancing Decision-Making and Market Engagement
The Trader Profile aligns with Binance Square’s goal to foster informed decision-making and enhance real-time market discussions.
- This feature is now available for users to explore and activate on the Binance Square platform.