Binance Square launches ‘trader profile’ to verify and follow traders
Binance Square has introduced a new ‘Trader Profile’ feature, allowing users to verify and follow trusted traders on the platform.
The feature provides insights into a trader’s portfolio, performance, and trading badges, aiming to enhance transparency and responsible engagement in the Binance community, according to a release shared with crypto.news.
The Trader Profile includes a Portfolio Overview, displaying asset allocation percentages; P&L Data, showing performance trends over different timeframes; and Trader Badges, which highlight trading styles and expertise.
These profiles are only visible to a user’s followers, enabling traders to manage privacy while building credibility.
Binance Co-Founder Yi He emphasized the importance of transparency, revealing that she participated in the product launch test and disclosed her portfolio, which is 89% allocated to BNB (BNB).
“Trader Profile on Binance Square allows for a more informed and transparent trading community,” said Yi He. “I also participated in the product launch test for this new feature and disclosed my position, which is 89% in BNB – backing the personal confidence I have in BNB, but also showcasing how users can verify portfolio and trading insights that are backed by real data for credible and user-focused engagement”
The feature aligns with Binance Square’s goal of fostering informed decision-making and real-time market discussions. Users can explore and activate the Trader Profile on Binance Square.
