Silver has plummeted by 40% in a single day; it can't be blamed on Binance's futures contracts, can it?

Binance is merely a brokerage platform and does not interfere with cryptocurrency price movements. Even for assets like gold and silver, prices will fluctuate as they are listed; the platform has neither the ability nor the obligation to manipulate prices. The only thing an exchange can do is select suitable projects for listing at the right time, providing a place for the market to trade. Ultimately, price movements are determined by market capital and sentiment.

😂😂😂

Hahaha

Yes, it must be because Binance listed silver that silver prices dropped. 🙃

Hey, the silver trading fee is too high. 0.5% is unsustainable. Can it be lowered to 0%?

It's unlikely to drop to 0% 😂 because it's a perpetual contract, otherwise the price would decouple.

Once it's listed on Binance, the big players can't wait to unload their holdings. 😅

😂

The consensus in the industry is that listing on Binance is all about dumping assets, haha.