Today, Binance CEO Richard Teng and co-founder He Yi held the first joint Chinese AMA. In the AMA, He Yi said that Binance will not compete with users.
She responded to the public doubts that "the platform can obtain user data and then compete with users." He Yi said that playing against users is equivalent to abandoning long-term gains. The encryption market is unpredictable and no one can control the market. As a ten-year-old crypto platform, Binance cannot be a counterparty to users. The most important thing about a trading platform is to serve the majority of users well and remain as neutral as possible.