Binance co-founder Chnagpeng Zhao acknowledged a doable draw back to the corporate’s employment ethics.
In keeping with Zhao, Binance trade 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 put up 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 lively involvement with the platform’s merchandise.
Associated: Binance CEO Changpeng Zhao Says Futures Buying and selling Off Limits For Staff
OKX Workers “Reside 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 manner, they grow to be instantly uncovered to the merchandise’ challenges and will simply perceive customers’ complaints.
On the identical time, such staff can present direct suggestions on the merchandise’ performances, enabling correct response every time points come up.
To sum up his level, the consumer famous that founders are one of the best managers of their merchandise. He cited Elon Musk’s position on the X platform, together with his lively involvement regardless of being the platform’s proprietor and an initiator of a lot of the concepts and protocols that run on the social media platform.
CZ: Not Concerned in Binance Administration Choices Now
It’s price noting that Zhao’s response represented his private opinion about what’s obtained at Binance, being that he’s now not concerned within the crypto trade’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 chargeable for operating the interior processes. Therefore, it isn’t 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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