Zhao Changpeng, founder and CEO of the global cryptocurrency exchange platform, Binance, recommends that individuals diversify their investments. Although Zhao, also known as CZ, warned that he doesn’t necessarily follow his own advice as well. The CEO also assured that Binance users’ funds were "SAFU", as users dread another Terra repeat. "Investment Wise, I'm Not a Good Example" In a Reddit AMA – which means Ask Me Anything – the 44-year-old billionaire briefly discussed a myriad of topics in response…
Tag: Binance Futures
Binance Futures Delists Terra’s LUNA
The backlash of the recent abrupt decline of Terra's Luna continues as Binance delists it from its futures trading. The Binance derivative arm made the announcement earlier this morning. The exchange prompted all traders with currently opened positions to close them no later than 8:30 am (UTC) today when the delisting officially took place. Once the delisting happened, they would automatically settle all USDT-Margined LUNA perpetual contracts. Furthermore, the exchange reviewed the LUNA perpetual contracts’ leverage and margin tiers. It…
1 week ago 
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