Main meals
- Binance provides direct trading on Binance Square, allowing users to trade spot or future contracts during the live broadcast.
- This feature enhances trading reaction by integrating audio, video and screen, allowing strategy sharing in actual time.
- Creators can earn commissions by displaying their skills and commercial strategies for a direct audience.
- Trading Live aims to make the encryption trade easier and push the community, with future plans for additional competitions and tools.
Binance launched a new feature called Live Trading on the social platform that focuses on encryption, Binance Square. This innovative tool allows users to engage in real deals or futures during the live broadcasting, providing a smooth trading experience without leaving the flow.
Direct trading for users can follow the live market visions and implement deals immediately. Traders can share their strategies and circulate in the actual time, allowing viewers the opportunity to work on these ideas with one click. This feature is designed to enhance the reaction of trading sessions by integrating sound, video and screen sharing capabilities.
How direct trading works
For viewers, direct trading turns negative viewing into a practical experience. Users can join live broadcast, follow the trader strategy, and put deals directly from the flow. The process is simplified with strategic cards that display trade details, allowing users to implement requests without disrupting the session.
Creators benefit from this feature by displaying their commercial skills and gaining commissions when viewers follow their strategies. To participate, creators need at least 1,000 followers in Binance Square or can join the direct trading nursery program. Once you can, creators can share up to 100 past dealers during live sessions and earn up to 50 % of trading fees.
Future benefits and prospects
Direct trading aims to bridge the gap between learning and implement deals, making encryption trading easier and interactive. For users, it eliminates the need to switch platforms to implement trading, while creators can build confidence and develop their audiences by sharing real strategies.
This feature is part of the Binance efforts to enhance the most connected encryption environment and society. Through direct broadcasting competitions and additional tools, Binance Square defines itself as a central center for encryption and trading.
For more details, the official announcement can be found here.
Why is this important: influence, industry trends and expert visions
Binance inserted direct trading on the Binance Square platform, allowing users to implement trading during the live broadcast, thus enhancing reaction and access to encryption trading.
Modern analysis by Mihir on Blockchain.News highlights how social media platforms significantly affect the dynamics of the encryption market. This is in line with Binance’s move to integrate trading with social interaction, and possibly increase participation and trading size.
According to Jeff Lee, Binance Producer, Trading Live is designed to make trading easier and attractive. This supports the platform’s goal of strengthening the community -based environment, enhancing user experience and market participation.
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