Currently, there are 374 times more Longs than Shorts on Bitfinex!
🦖Long Positions: 61,700 BTC 🐻 Short Positions: 174 BTC
This remarkable imbalance in the market could indicate traders' strong confidence in a Bitcoin rally, but it also calls for caution ⚠️ — extreme positions often lead to volatility.
Recently, some users have claimed they’ll give something in return when users transfer a certain amount. To promote further education about scams, how to identify and prevent fraud, and protect your wealth, we have launched the Anti-Fraud Challenge. Answer the three questions below correctly and stand a chance of winning rewards.
Question 1: Is "pay now, profit later" scheme highly risky? Question 2: Is "follow or tip first" a reasonable request? Question 3: Does Binance Square support any requests for transfers?
For more information, please refer to the Binance Square Community Management Guidelines . #AntiFraudChallenge
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