Look at my position distribution, welcome to follow! #X Super App Transformation Is Binance going to transform into a 'Super App'? This sounds quite exciting!

Just think, in the future we might not only trade cryptocurrencies on Binance, but also book a taxi, order takeout, or even reserve travel packages directly. Doesn't that feel a bit like Alipay or WeChat?

In fact, Binance's move towards a 'Super App' has quite a deep logic behind it. The competition among cryptocurrency exchanges is fierce, and relying solely on trading fees has a very apparent ceiling. Binance wants to use the 'Super App' to keep users within its ecosystem and increase 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 the 'Super App'. In the future, we can directly use cryptocurrencies to pay for various living expenses on Binance, and even participate in various DeFi projects. Just thinking about it feels convenient!

However, that said, there are definitely many challenges for Binance to become a 'Super App'. For example, how to ensure the quality of various services? How to attract more merchants to settle in? These questions need serious consideration by Binance. But anyway, I am still full of expectations for Binance's transformation!