"Binance starts to promote the altcoin market?"
In the past two days, careful people have found that Binance has frequently listed some small-coin contract trading pairs, and these coins have all experienced a sharp rise. $RARE 85%, $SYN 50%, $BANANA 23%, it is hard not to be tempted by such a rise.
As a centralized exchange that relies mainly on transaction fees for income, the most feared thing should be a stagnant market. Therefore, Binance may be actively creating momentum, and by providing leverage, it can reduce the financial pressure of small-coin dealers to pull the market. At the same time, it also provides smart and sensitive traders with the opportunity to make money.
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