#X Super App Transformation: Is Binance Going to Become a 'Super App'? This sounds pretty exciting!
Just think about it, in the future on Binance, we might not only trade cryptocurrencies but also book rides, order takeout, and even reserve travel packages. Doesn't that feel a bit like Alipay or WeChat?
In fact, there’s quite a deep logic behind Binance's move to create a 'super app'. The competition among cryptocurrency exchanges is fierce, and relying solely on trading fees has a clear ceiling. Binance wants to keep users within its ecosystem through the 'super app', increasing user stickiness, which is referred to as 'monetizing traffic' in the internet industry.
Moreover, the popularity of DeFi (Decentralized Finance) also opens up more possibilities for 'super apps'. In the future, we can directly use cryptocurrencies to pay various living expenses on Binance, and even participate in various DeFi projects. Just thinking about it feels convenient!
However, let's be honest, Binance faces quite a few challenges in becoming a 'super app'. For example, how to ensure the quality of various services? How to attract more merchants to join? These issues need to be carefully considered by Binance. But anyway, I am still full of expectations for Binance's transformation this time!