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launched a new feature that allows users to choose an emergency contact that may request their cryptocurrencies in the event of a user.
Update, Posted on June 12allows the platform Notify this contact after a long period of inactivity account.
After the notification, the contact may begin approaching the user means.
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Following update, Changpeng “CZ” Zhao encouraged other platforms to follow the suit. In a June 19th Post on XHe said, “This is a topic people avoid, but the fact is that people can’t live forever.”
He added, “Each platform should have a ‘function’ so that when one is no longer around, their assets can be distributed to certain accounts in accordance with the above proportions.”
Reactions from the community was mostly support. One user on x invited The decision “really thoughtful” and noted that more than a billion dollars of Kripto remains unexpected every year due to the unexpected death and lack of appropriate planning.
Others pointed out that digital accounts may contain more than just money. Another x user stated that Binanac Profiles may also include written content, internet influence and role in the community. They proposed In order to full accounts, not just funds, you should be portableLike how people can pass on their phone numbers.
Binance recently announced the official launch of his platform in Syria. What features are available to users there? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
