Binance improves the transparency of its tokens with new features. "AI Summary"

The Binance blog published a new article, presenting the latest features of Binance aimed at enhancing token transparency and empowering users with better decision-making tools. The article highlights the introduction of the Blocked Addresses and Concentration Indicator features, which are designed to provide users with a clearer view of token distribution and potential volatility risks. These additions are part of Binance's ongoing commitment to establishing industry standards for token transparency and user empowerment.

Binance's new Blocked Addresses feature offers users a direct view of the circulating supply dynamics of various crypto projects. Many projects choose to lock a portion of their tokens for strategic purposes, such as incentivizing the long-term commitment of team members, investors, or the community. These tokens are held in blocked addresses and remain inaccessible until a predetermined vesting period concludes. The Blocked Addresses feature allows users to verify the status of these locked tokens, track the amount involved, and incorporate this information into their trading decisions. This visibility is crucial for understanding price dynamics, as it helps users distinguish between circulating tokens and those that are inaccessible, thus avoiding misinterpretations of market capitalization or liquidity.

Explore the components of my portfolio. Follow me to see how I invest!