๐Ÿš€ Binance enhances user experience and adds powerful trading tools!

โœจ Highlighted new feature:

Info page within the Binance app โœ…

๐Ÿ” What does the Info page do?

It provides you with essential and important information about any cryptocurrency.

โœ… Data sourced from CoinMarketCap

โœ… Plus exclusive information gathered by Binance directly from the projects

๐Ÿ”‘ Two key indicators you need to know:

1๏ธโƒฃ Concentration Indicator โ€“ Concentration

๐Ÿ”ธ Indicates the level of currency monopoly by whales or a limited number of wallets

๐Ÿ”ธ If it's close to 100 โžก๏ธ High risk as dumping may occur suddenly

๐Ÿ”ธ If it's close to zero โžก๏ธ Greater safety sign ๐Ÿ”’

2๏ธโƒฃ Locked Addresses

๐Ÿ”ธ A list of wallets that are locked (Vesting)

๐Ÿ”ธ Often belonging to the team or early investors

๐Ÿ”ธ You can monitor their movements to know if a dump is on the way

๐Ÿ“Š Summary:

With the new tools, it has become easier to understand the risks of cryptocurrencies before entering and to clearly monitor the movements of large wallets.

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