![]() Even billionaires manage their own trading accounts themselves and place orders using a mobile phone.įorbes: Or they invest in property markets, which is why Evergrande has become such a problem?ĬZ: Even China's stock market has always been highly speculative. There are a lot of people who are wealthy, and there's not much of an institutional market in China because people don't trust other people to manage their money. For the last few decades, the economic growth there has been tremendous. There is a lot of money flowing in China. China actually has a lot of novice traders who don’t really know much.įorbes: Is that a function of pretty restrictive capital markets that they don't have a lot of other options? Why do you think they're that way?ĬZ: I don't know why exactly. investor needs to know about trading patterns and the trading industry in Asia?ĬZ: China is more of a speculative market-and that's not a recommended way for trading. In many ways, it is the largest, yet it's a black box to a lot of people that don't have the time to read Twitter, Discord, etc. One of the reasons I wanted to speak with you is because I want them to get a sense of the Asian market. It is not just a number of coins.įorbes: A lot of Forbes readers are American or U.S.-based. Both were very widely copied by the industry. So we designed one full-screen trading, actually two versions of it. We said, this is not how trading should work. For example, on the product side, when you traded on most websites, you had to scroll up to see the chart and scroll down to place orders-a very non-intuitive way of trading. ![]() So I think listing a high number of tokens was an advantage, but being more international was also the first thing we did. Even today, others mostly provide customer support in one language they're very country specific. Our customer support is in 16 different languages. Today, we support 31 languages on our interfaces. We had support for four languages on the day we launched and nine languages within a month. Those are the bigger countries, bigger economies, but we saw that no one was really servicing 80% of the economy outside of those countries. ![]() There's a bunch of exchanges in Japan, and they focus on the Japanese market. And even though they do have the bilingual interface, English and Chinese, the way they run operations is very Chinese. Okcoin and Huobi were focused mainly on China. Poloniex and Bittrex, which were the biggest exchanges back then, their trading volume was bigger than that of Coinbase. Coinbase and Kraken were focused on the U.S. When we first started, there were very few exchanges that were internationally focused. But we didn't really think about Coinbase that much. To be frank, we could take that view, and most people may agree with it. This address can be used to send BNB or BEP20 funds via the Binance Beacon Chain (BEP2) network.CZ: It wasn't intentional. Click the copy or Receive button to generate and verify your account address on your Ledger device. Your Binance Beacon Chain account will now appear.Choose and confirm a password, agree to the terms of use by ticking the checkbox, and then click Confirm.From the provided list, select an account and click Confirm.Select Connect Hardware Wallet > BNB Beacon Chain Network and then choose Connect.Re-open the Binance Wallet again and click Use existing wallet.If successful, the word Connected will appear on the screen. In the new tab, click Grant access, choose your Ledger device, and then click Connect.Choose BNB Beacon Chain Network, then click on Connect.The display should read: Binance Chain ready. On your Ledger device, use the buttons to open the Binance Chain app.Launch the Binance Wallet and select Use existing wallet.Open Chrome and download the Binance Wallet from the Chrome Store.Head over to App catalog and search for Binance Chain.Ĭonnect your Binance Beacon Chain (BEP2) account with your Ledger.You can do that by clicking both buttons on your device simultaneously. Confirm that you allow My Ledger to access your device. ![]() In the Ledger Live app, navigate to My Ledger.Connect your Ledger device and unlock it.Install the Binance Chain app on your Ledger device Make sure you're using the Chrome browser.Update the firmware on your Ledger Nano S / Nano S Plus / Nano X.Download and install the latest version of Ledger Live.If you are seeking a tutorial on how to connect your Ledger device to Binance Smart Chain (BEP20), please follow this link instead. ![]() The Binance Beacon Chain (BEP2) is considered Binance's legacy decentralized network and is currently not extensively utilized. ![]()
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