Worldcoin (WLD) Review on Binance: The Future of Digital Identity or an Overvalued Coin?

Worldcoin (WLD) is one of the most controversial projects in the crypto ecosystem, and since its addition to Binance, it has generated excitement, uncertainty, and debates about privacy, token economics, and global adoption.

🌍 What is Worldcoin?

Worldcoin is a project founded by Sam Altman, CEO of OpenAI, with an ambitious goal: to create a global digital identity (World ID) and distribute cryptocurrencies to every person on the planet for free. To achieve this, it uses a device called Orb, which scans the iris and verifies that each human is unique, without storing biometric data, according to their claims.

🔄 Worldcoin on Binance: global access and instant liquidity

Binance was one of the first exchanges to list WLD after its launch in July 2023. Today, the platform offers:

Spot trading with pairs like WLD/USDT, WLD/BTC, etc.

Perpetual futures with leverage of up to 20x.

Integration in Binance P2P in Latin American countries, allowing users to buy and sell WLD directly with local currencies such as ARS, BRL, CLP, COP, and PEN.

This support has boosted adoption in regions where cryptocurrencies serve as an alternative to the traditional financial system.

📉 What challenges does WLD face?

Despite its innovative proposal, Worldcoin faces several criticisms and risks:

1. Privacy concerns

Iris scanning raises doubts, especially in countries with strict regulations such as Spain, Germany, and Indonesia, which have banned or suspended its activity.

2. Unequal distribution of the token

Only about 8% of the total supply of 10 billion WLD is in circulation. The rest is locked but will be gradually released, which may put downward pressure on the price in the future.

✍️ What do you think?

Have you verified your iris? Were you able to sell your WLD on Binance?

Share your experience below and earn for writing. 💸

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