Do the right thing at the right time
With the market's trading volume and attention, choosing the right time to place the contract is one of Binance's marketing strategies as a trading platform. For example, after the news came out that DODO was market-made by DWF Labs, Binance immediately launched DODO's 20x U-based perpetual contract after it rose by more than 50% in 24 hours.
For a long time this year, the biggest narrative in the entire currency circle has been the Bitcoin ecosystem. When Ordinals was hot, Binance launched services such as Ordinal NFT and Ordinals engraving at the right time. And we all know that this week, the hottest topic is whether the Bitcoin spot ETF passes or not.
This may be one of the reasons why Binance re-listed BSV at this time and launched a 50x leverage contract. After all, with the passage of time and changes in the market environment, both CZ and Binance are facing new challenges and pressures, leading to changes in decisions and positions. This is not only to adapt to the environment, but also to survive and thrive.
Recalling that CZ firmly said "Do the right thing" when it decided to delist BSV, this not only represented CZ's decision at the time, but also reflected Binance's values and stance.
Under the circumstances at that time, Binance was doing the right thing by resolutely delisting BSV. Times have changed and re-listing the BSV 50x leverage contract. At this time, isn't CZ also doing the right thing?
