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Binance unveils Trading Badges on Binance Square, highlighting performance-based credentials
Binance has launched Trading Badges on Binance Square, which are automatically awarded to traders and creators based on verified performance metrics displayed on leaderboards. The badges appear on user profiles, posts, and comments to provide additional transparency about trading activity.
Leading Forex Broker in United States
8.8/10
*Rated by real traders on Traders Union
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
Binance has implemented Trading Badges on Binance Square, which are automatically assigned to traders and creators according to their verified performance metrics on leaderboards. The badges are displayed on user profiles, posts, and comments to indicate activity in areas such as trading volume, profit, live futures results, and copy trading scale, with the underlying data regularly updated and accessible for review by users. Binance states that the feature aims to provide greater transparency and credibility within its community, and requires users to update their app to version 3.16.0 or later to access these badges.
Binance is one of the largest cryptocurrency exchanges in the world, based in Hong Kong, and is recognized for its high daily trading volumes, extensive liquidity, and a large user base. The platform offers low commissions influenced by trading volume and liquidity, a proprietary BNB Coin to reduce commission fees, and cold wallet storage for crypto assets. For more details, see the broker profile on Traders Union: broker profile on Traders Union.
For more background, our earlier news about Binance covered how upcoming MiCA regulations are reshaping the European crypto landscape, prompting Binance to pause some services as competitors ramp up incentives for affected users. Read the previous Binance update on Traders Union here.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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