Day 4 ✅

Today we studied TradFi, and the biggest takeaway wasn’t “tradition,” but “the sense of rules.”

Why do markets have fixed trading hours?
Why can’t many trades be settled immediately?
Why are brokerages, custodians, and clearing roles all indispensable?

Before, I focused more on price rising and falling. Today I started paying attention to the financial infrastructure behind the price.

Once you understand TradFi a bit, looking back at Crypto, you’ll also see more clearly what problems the two markets are trying to solve.

#币安夏令营