It's pointless, no matter what the exchange does, it cannot tame your greed and fear, the exchange is a tool and you are the master, and all the responsibility lies with you.
George MC
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🚨 Billions Lost in Crypto Crash – But Binance’s CZ Still Profits! 💰
The recent market downturn wiped out billions, leaving countless traders facing liquidation and severe losses. Yet, Changpeng Zhao (CZ), former CEO of Binance, continues to profit despite the chaos.
As the world's largest exchange, Binance provides powerful trading tools, but lacks key safeguards for less experienced users. High-leverage trading amplifies risks, often leading to devastating losses during sudden market shifts.
Should Exchanges Do More to Protect Traders?
🔹 Leverage Limits – Restricting high-risk trades for beginners. 🔹 Real-Time Alerts – Warnings on major market moves. 🔹 Enhanced Risk Tools – Smarter analytics to guide decisions.
Stronger measures could help prevent traders from losing everything in extreme volatility. Should Binance and other platforms step up? Share your thoughts below! ⬇️