On June 23, Binance officially launched two brand-new features: "Locked Address" and "Position Concentration Indicator" on June 20. This is the first time such token information functions have been introduced by a mainstream exchange, reflecting Binance's commitment to continuously promoting platform transparency and enhancing user education. After obtaining more information about token economic models, users can further optimize their trading decisions. These transparency features also help project teams improve their openness and sense of responsibility, thereby more effectively interacting with the community and promoting the healthy development of the crypto industry.
Binance co-founder He Yi stated: "We have always adhered to a user-centric approach and continuously promoted market transparency. The locked address and position concentration indicator functions are precisely our response to the community's demand for higher transparency and better tools, helping users better understand the tokens they are trading. We also hope that through these efforts, we can improve the overall market's integrity and guide the industry towards a healthier and more sustainable direction."
