Binance CEO Richard Teng Advocates Caution Amid Crypto Surge
In light of the cryptocurrency market’s recent rally—where total capitalization breached US $3 trillion—Binance CEO Richard Teng is urging investors to exercise prudence and conduct thorough due diligence. Speaking at a blockchain conference in Singapore, Teng highlighted three core principles:
1. Research Authenticity: Investors should verify project teams, on-chain metrics, and tokenomics before committing capital. Teng noted that whitepaper promises often diverge from real-world execution, especially in the DeFi space.
2. Risk Management: Allocations should be guided by individual risk profiles. Teng recommended employing stop-loss orders, diversifying across asset classes, and avoiding over-leverage on margin platforms.
3. Long-Term Perspective: While short-term price fluctuations attract headlines, sustainable adoption hinges on utility and network effects. Teng encouraged participants to evaluate projects based on use cases—such as cross-border payments, tokenized assets, and decentralized identity—rather than speculative hype.
Under Teng’s leadership, Binance has also expanded its educational arm, launching “Binance Learn,” a portal featuring certified courses on blockchain fundamentals, regulatory compliance, and smart contract development. Teng asserted that an informed user base is the best defense against market manipulation and fraudulent schemes.
By championing education and measured participation, Teng aims to foster a more resilient ecosystem—one where innovation thrives alongside robust investor protection.
