Binance’s 2023 Year-End Report: 30% Growth in New Users, Launch of New SocialFi and Web3 Products, Stronger Compliance Capability
Binance, the global cryptocurrency exchange, experienced a significant anomaly in its BTC/USDT perpetual contract market. The trading chart showed a brief surge in the price of Bitcoin (BTC) to $420,000, a tenfold increase, causing a stir in the community.
However, this price anomaly was soon corrected, and the trading price of Bitcoin quickly dropped back to normal levels, currently stabilizing at $42,440.
Binance: Interface Visual Issue, Trading Unaffected!
In response to this, Binance promptly issued a statement, stating:
Related Reports
Grassroots Power! Chainalysis: India is the world’s second-largest cryptocurrency market, surpassing the UK and Turkey..
Indian exchange WazirX “challenges Binance” and denies acquisition! Ultimatum threatens to terminate services
Liquidity stifled! India’s 1% TDS tax takes effect, exchange daily trading volume plummets by 80%, users flock to DEX, P2P
Tags:
Binance
Bitcoin
Perpetual Contract