Based on suggestions and feedback from more than 20 streamers regarding commission rebates on event contracts, I’d like to offer the following five suggestions: @Yi He @CZ @币安广场 @币安中文社区
1. As far as I know, most streamers covering event contracts earn no income. If Binance is willing to share some of the trading fees with streamers, they won’t promote shady event-contract platforms that offer referral commissions. On the surface, this may reduce your profits, but livestreams can also bring some users to Binance’s event contracts, increasing Binance’s user base and revenue.
2. Binance could add an entry point for event contracts in livestreams, or provide streamers with a dedicated referral code for event contracts. That way, when fans place orders through the livestream, the streamer can earn a portion of the fees. This would give streamers more incentive to work harder to help users make money.
3. Streamers who continue promoting shady platforms should be permanently banned. The situation is extremely serious right now. I admit that I used to promote shady platforms too, but I haven’t mentioned any since October, and I support Binance.
4. Users need to know what the index price for event contracts is based on; it shouldn’t be set arbitrarily. This does happen on your platform, and it’s even worse on shady platforms, so I hope you can provide users with an explanation. Personally, I find it frustrating and hard to trust event contracts when their prices fluctuate so sharply compared with spot prices. This is one reason some people are willing to use shady platforms.
5. Could you increase the position limits and add 3-minute and 5-minute intervals? These are also reasons users choose shady exchanges. An even bigger reason is that Binance’s event contracts don’t share any of their profits with livestreamers, which is why streamers promote those platforms.
I hope you’ll consider these suggestions. Thank you.
26.11.07 morning session update: I’ll provide the most honest live coverage of events, sharing both good and bad news so you can follow my lead with peace of mind. I’ve been covering events for almost three months and have witnessed many of you go through ups and downs. It hurts to see you lose money, and I’m genuinely happy for you when you make money. I hope you can all steadily earn some money for the New Year before the end of the year.
Fee rebates for Binance Event Contracts will be available soon. Our Event Contract hosts, please bear with us for now. If you have any feedback, let me know and I’ll compile it and send it to Yijie.
I've generated at least 5 million USDT in trading fee rebates for Binance, and my trading volume is substantial too. I haven't been invited. Could you check whether I've been overlooked? I want to learn and improve as well.
天使—COCO
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Some people are curious about what the Binance Learning Camp is, how to join, and just now I saw Yi Jie @Yi He say:
Here’s a quick summary of the evaluation criteria: the number of users, funds, or trading volume you bring to Binance.
Some instructors may be very low-key but bring in a lot of referral commissions, or have offered lots of great product suggestions. So some instructors aren’t well-known or don’t have many followers, but are still invited and so on.
///I want to join too. I happen to be in that not-famous, not-many-followers group 🥹
I’m curious about something: everyone already has Binance, so why do so many people still put referral codes in their profiles? Actually, I’ve wanted to rant about this for a long time: our small creators’ referral commissions keep getting siphoned off by top influencers. So many people also love putting others down or stirring up all kinds of trouble, like the earlier Sanhe and birthday incidents, and this time the whole “who’s the real Yan?” thing. I really hate people like that. Traders should just focus on trading and stop trying to piggyback on traffic or chase hot topics in any form.
币安广场
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Notice on Updates to the Binance Square Community Guidelines
Dear Binance Square users, Thank you for your continued support and companionship on Binance Square. To foster an authentic, rational, and friendly environment for discussion, Binance Square has recently updated its 《社区准则常见问题》. The updates primarily cover affiliate promotion and community interaction, and apply to livestreams, posts, comments, chat rooms, personal profiles, and other areas. Details are as follows: I. Affiliate Promotion Guidelines According to the explicit requirements in the Affiliate Team’s 《超级返佣成员拓展市场行为规范》, “It is strictly prohibited to induce existing users on Binance Square, in any form, to switch accounts or register again, or to engage in false advertising or make false promises.” To implement these requirements, Binance Square is updating the following rules: