Anndy Lian
Hear Your Stories, Share Your Own- #BinanceTurns8 Series Episode 1
Binance, the world’s leading cryptocurrency exchange, marked its 8th anniversary with a vibrant Twitter Spaces session titled Hear Your Stories, Share Your Own – #BinanceTurns8 Series Episode 1. Hosted by Binance Community Associates Diana and Mila, the event featured: Anndy Lian, a blockchain expert and best-selling author, and Sjuul Follings, founder of AltCryptoGems. The session offered a deep dive into Binance’s transformative impact, current market trends fueled by Bitcoin’s recent all-time highs, and practical advice for navigating the ever-evolving crypto landscape. With an engaging Q&A segment, the event also highlighted the voices of the Binance community, making it a fitting celebration of eight years of innovation and growth. Binance’s Monumental Contributions to Crypto
Over the past eight years, Binance has evolved from a fledgling startup into a global powerhouse, boasting over 280 million users. The discussion kicked off with reflections on its pivotal role in shaping the cryptocurrency ecosystem. Sjuul Follings emphasized Binance’s success in onboarding new users, crediting its intuitive platform and robust educational resources. “Binance has made crypto easier for newcomers,” he noted, highlighting how the exchange has lowered barriers to entry since its early days in 2017. He also praised initiatives like Binance Labs, which have incubated groundbreaking blockchain projects, fostering innovation across the industry.
Anndy Lian, drawing from his long-standing relationship with Binance since its inception in China, underscored its leadership in security and compliance. He pointed to Binance’s pioneering efforts in collaborating with authorities to combat crypto-related crimes, a move that has bolstered user trust. “They were one of the first exchanges to build a comprehensive compliance department,” Lian said, noting how this focus on safety has distinguished Binance in a competitive market, from its strategic relocations, China to Japan, then Singapore to the UAE. Binance has consistently adapted, solidifying its position as a trailblazer.
Riding the Wave: Current Market Trends
With Bitcoin soaring to new all-time highs, recently surpassing $120,000, the session naturally turned to the state of the crypto market. Sjuul Follings observed a shifting dynamic, where altcoins are beginning to reclaim attention after Bitcoin’s prolonged dominance. “It feels like altcoins are finally getting a piece of the pie,” he said, predicting a potential rotation from Bitcoin to high-cap altcoins like Ethereum, and eventually to mid- and low-cap projects. He attributed Bitcoin’s surge to a combination of macroeconomic factors, including Federal Reserve rate cuts, institutional investments via ETFs, and easing inflation, which created a snowball effect of adoption and media buzz.
Anndy Lian, however, injected a note of caution. While celebrating the bullish momentum, he stressed that sustainable growth hinges on real-world development, not just speculation. “The price is running faster than the builders,” he warned, urging the community to support projects with tangible use cases. He cited examples like Bhutan’s collaboration with Binance Pay, the world’s first national crypto tourism payment system, as a model for practical adoption, enabling travelers to use cryptocurrency for flights, visas, and even coffee.
Guidance for New Investors
For the wave of newcomers entering the space amid this bull run, both speakers emphasized education and caution. Sjuul Follings shared a personal anecdote from his early days, describing his first crypto experience as “painful” after losing money on memecoins. “Start small, lose a little, and learn from it,” he advised, stressing the importance of transparency about the risks. He encouraged creators to highlight both the opportunities and pitfalls, ensuring new investors aren’t deterred by early setbacks.
Anndy Lian echoed this sentiment, advocating for due diligence over hype-chasing. “Find projects you trust and believe in,” he said, reflecting on his own journey from skepticism to conviction when he first used crypto to buy coffee. He also called for more builders to drive sustainable value, warning that without development, the current boom could falter. Both speakers agreed that Binance’s educational efforts—through content and user-friendly tools—play a critical role in equipping novices to thrive.
Looking Ahead: Binance’s Role and Community Wisdom
As Binance steps into its ninth year, the speakers offered strategic feedback. Anndy proposed enhancing services for high-net-worth clients with relationship managers and a premium “Binance Black Card,” alongside a stronger focus on Web3 and decentralized exchanges (DEX). “DEX is the future,” he asserted, urging Binance to lead in this space to onboard users globally, especially those unable to access centralized platforms due to KYC barriers. Sjuul, unable to use Binance in the Netherlands due to licensing, suggested prioritizing regional compliance to recapture markets and recommended more engaging, educational content to attract new users.
Their parting words encapsulated their philosophies. Sjuul advised, “No one ever went broke by taking profits,” encouraging prudent gains-taking. Anndy countered, “Trust is the new hype,” urging conviction over crowd-following. Mila, reflecting on Binance’s journey, highlighted adaptability as a key lesson, noting how listening to users and pivoting swiftly has kept the platform ahead.
Summing Up
The #BinanceTurns8 Twitter Spaces session was a celebration of milestones and a forward-looking dialogue on crypto’s trajectory. From Binance’s role in onboarding millions and setting security standards to the market’s bullish surge and the need for sustainable growth, Anndy Lian and Sjuul Follings provided a roadmap for the future.
As Bitcoin scales new heights and adoption accelerates—evidenced by innovations like Binance Pay in Bhutan, the insights shared here underscore the importance of education, caution, and community in building a resilient crypto ecosystem. With Binance at the helm, the following billion users may well find their gateway to this transformative space.
Source: https://x.com/i/spaces/1MYxNwnPMdOKw/peek
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