Binance Square launches ‘trader profile’ to verify and follow traders

Binance Square launches ‘trader profile’ to verify and follow traders 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.

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