🚨 What should Binance Improve About Themselves 💡

✅ 1. Enhanced Transparency on Liquidations

Issue: Some users report sudden liquidations without clear explanations.

Improvement: More detailed liquidation reports, including precise timestamps, order book snapshots, and clearer margin call alerts.

✅ 2. More Beginner-Friendly Features

Issue: Futures trading is risky, but Binance still attracts many inexperienced traders.

Improvement:

A "Beginner Mode" with reduced leverage (e.g., max 5x).

More built-in tutorials, trading simulations, or even demo trading for Futures.

✅ 3. Better Risk Management Tools

Issue: Risk management tools like stop-loss and take-profit are not always precise or easy to use.

Improvement:

Auto-adjusting stop-loss based on volatility.

Better visual interface for position sizing and risk-reward ratios.

✅ 4. Lower & Fairer Fee Structure

Issue: High fees especially affect small traders or scalpers.

Improvement:

Tiered fee discounts based on volume across both spot and futures, not just separately.

More transparent fee breakdowns post-trade.

✅ 5. Improved App Experience

Issue: App performance can lag during volatile market conditions.

Improvement:

Lighter app version optimized for futures trading.

Customizable widgets and alerts for key price levels or margin changes.

✅ 6. Better Customer Support for Futures Issues

Issue: Support can be slow or unclear regarding futures-specific problems (e.g., liquidation, funding fees, margin calls).

Improvement:

Dedicated Futures Support team or chatbot trained on derivatives-specific issues.

Faster resolution for liquidation or system error complaints.

✅ 7. Transparency & Audit of Price Index

Issue: Users sometimes claim prices hit unusual spikes only on Binance.

Improvement:

Transparent index price calculation sources.

Public audit log for index updates.

#Write2Earn