🚨 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.