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HomeExchangeBinance Employee Crypto Trade Ban Could Limit User Insight

Binance Employee Crypto Trade Ban Could Limit User Insight

Binance co-founder Chnagpeng Zhao acknowledged a attainable draw back to the corporate’s employment ethics.

In keeping with Zhao, Binance trade prevents its workers from buying and selling cryptocurrencies. He suggests this restriction may restrict their understanding of person wants.

是的,币安(CEX)一直是限制员工炒币的。这个当然是为了保护用户。但副作用就像你说的,我们的产品经理就不太了解用户需求。这块我管不了了,让他们的管理层决定吧。

在Chain上,的确应该去体验产品。等下去冲几个土狗试试。😆

— CZ 🔶 BNB (@cz_binance) February 21, 2025

CZ Responds to Consumer Evaluating Binance to OKX Worker Engagement

Zhao made the above assertion in an X put up whereas responding to a person who in contrast Binance workers’ responses with these of OKX regarding technical points on their exchanges.

In keeping with the person, OKX workers are extra responsive due to their lively involvement with the platform’s merchandise.

Associated: Binance CEO Changpeng Zhao Says Futures Buying and selling Off Limits For Staff

OKX Employees “Stay and Breathe” Crypto, Consumer Claims

As an example, OKX workers belong to a number of canine teams, MEME teams, NFT teams, and Alpha communities. That approach, they change into straight uncovered to the merchandise’ challenges and will simply perceive customers’ complaints.

On the similar time, such workers can present direct suggestions on the merchandise’ performances, enabling correct response at any time when points come up.

To sum up his level, the person famous that founders are the most effective managers of their merchandise. He cited Elon Musk’s position on the X platform, along with his lively involvement regardless of being the platform’s proprietor and an initiator of a lot of the concepts and protocols that run on the social media platform.

CZ: Not Concerned in Binance Administration Selections Now

It’s value noting that Zhao’s response represented his private opinion about what’s obtained at Binance, being that he’s now not concerned within the crypto trade’s administration.

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Associated: Binance Faces Allegations of Misleading Layoffs and Worker Profit Cuts

Though Zhao stays the foremost shareholder at Binance, he clarified that the present firm executives are answerable for operating the inner processes. Therefore, it’s not in his place to find out whether or not Binance will enable its workers to take part in crypto buying and selling actions sooner or later.

In the meantime, crypto neighborhood members consider the present construction at Binance goals to keep away from a battle of curiosity, the place any firm worker may exploit the good thing about inner info to recreation the system, amounting to fraud and market manipulation.

Disclaimer: The data offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any form. Coin Version just isn’t answerable for any losses incurred because of the utilization of content material, merchandise, or companies talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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