Through today’s traditional finance challenges, I learned a lot about traditional finance, for example:
TradFi relies on centralized institutions such as banks and brokerages to handle settlement, and there is a delay in trade confirmations.
Leverage and derivatives are subject to regulatory constraints; leverage multiples have a hard upper limit, unlike on-chain where you can freely open higher leverage.
Asset pricing mainly focuses on macro policies and company financial reports; fundamentals are the core of pricing.
Market makers earn returns from the bid-ask spread and are responsible for maintaining market liquidity.
There is a well-established information disclosure system, allowing investors to consult public financial statements, with higher information transparency.
#币安夏令营
I also learned something new—progress a little every day. Got 650 points—heehee
TradFi relies on centralized institutions such as banks and brokerages to handle settlement, and there is a delay in trade confirmations.
Leverage and derivatives are subject to regulatory constraints; leverage multiples have a hard upper limit, unlike on-chain where you can freely open higher leverage.
Asset pricing mainly focuses on macro policies and company financial reports; fundamentals are the core of pricing.
Market makers earn returns from the bid-ask spread and are responsible for maintaining market liquidity.
There is a well-established information disclosure system, allowing investors to consult public financial statements, with higher information transparency.
#币安夏令营
I also learned something new—progress a little every day. Got 650 points—heehee
