Binance launches two new features to optimize cryptocurrency trading decisions
On June 23, Binance announced two breakthrough features: "Locked Address" and "Position Concentration Index", helping investors gain deeper insights into the Token economic model.
The "Locked Address" feature enhances project transparency
Users can now access information about Token locked addresses, allowing them to assess the reliability and level of asset control within the cryptocurrency ecosystem. This feature supports enhanced transparency, helping project developers demonstrate accountability while improving interaction with the investor community.
"Position Concentration Index" – a tool for strategic trading analysis
The new index allows for measuring the concentration level of Tokens held by large wallets in the market. By analyzing this data, investors can identify potential risks and adjust their trading strategies to align with the current complex market fluctuations.
Application in optimizing investment decisions
The expansion of transparent data provides a competitive advantage for users, optimizing risk management strategies and increasing efficiency in cryptocurrency trading. In-depth analysis of the tokenomics model supports players in making informed investment decisions that align with dynamic market trends.
Binance continues to assert its leading position in providing tools that enhance user experience and increase transparency in the global cryptocurrency industry.
Updating these latest tools helps investors take control of their trades, limit risks, and enhance sustainable profits.
Source: https://tintucbitcoin.com/binance-gioi-thieu-locked-address-va-index/
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