CandleFocus CZ: Binance Employee Crypto Trade Ban Could Limit User Insight
2025-02-21
Author: Content Editor
Binance co-founder Changpeng Zhao acknowledged that the company's policy of preventing employees from trading cryptocurrencies may limit their understanding of user needs. This statement was made in response to a user who compared Binance employees' responses to those of OKX employees in relation to technical issues on their platforms. The user suggested that the active involvement of OKX employees with the platform's products, through participation in various communities, allows them to better understand user complaints and provide direct feedback. Zhao clarified that he is no longer involved in Binance's management and it is up to the current executives to determine whether employees will be allowed to participate in crypto trading in the future. The current structure at Binance aims to prevent any conflicts of interest and potential fraud or market manipulation.
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