Binance co-founder Chnagpeng Zhao acknowledged a doable draw back to the corporate’s employment ethics.
In keeping with Zhao, Binance alternate prevents its staff from buying and selling cryptocurrencies. He suggests this restriction may restrict their understanding of consumer wants.
是的，币安（CEX）一直是限制员工炒币的。这个当然是为了保护用户。但副作用就像你说的，我们的产品经理就不太了解用户需求。这块我管不了了，让他们的管理层决定吧。
在Chain上，的确应该去体验产品。等下去冲几个土狗试试。😆
— CZ 🔶 BNB (@cz_binance) February 21, 2025
CZ Responds to Consumer Evaluating Binance to OKX Worker Engagement
Zhao made the above assertion in an X publish whereas responding to a consumer who in contrast Binance staff’ responses with these of OKX regarding technical points on their exchanges.
In keeping with the consumer, OKX staff are extra responsive due to their energetic involvement with the platform’s merchandise.
Associated: Binance CEO Changpeng Zhao Says Futures Buying and selling Off Limits For Staff
OKX Workers “Dwell and Breathe” Crypto, Consumer Claims
As an example, OKX staff belong to a number of canine teams, MEME teams, NFT teams, and Alpha communities. That means, they change into instantly uncovered to the merchandise’ challenges and will simply perceive customers’ complaints.
On the similar time, such staff can present direct suggestions on the merchandise’ performances, enabling correct response at any time when points come up.
To sum up his level, the consumer famous that founders are the most effective managers of their merchandise. He cited Elon Musk’s function on the X platform, together with his energetic involvement regardless of being the platform’s proprietor and an initiator of many of the concepts and protocols that run on the social media platform.
CZ: Not Concerned in Binance Administration Selections Now
It’s price noting that Zhao’s response represented his private opinion about what’s obtained at Binance, being that he’s not concerned within the crypto alternate’s administration.
Associated: Binance Faces Allegations of Misleading Layoffs and Worker Profit Cuts
Though Zhao stays the main shareholder at Binance, he clarified that the present firm executives are accountable for working the interior processes. Therefore, it’s not in his place to find out whether or not Binance will permit its staff to take part in crypto buying and selling actions sooner or later.
In the meantime, crypto group members imagine the present construction at Binance goals to keep away from a battle of curiosity, the place any firm worker may exploit the advantage of inner info to sport the system, amounting to fraud and market manipulation.
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