Why is $HYPE skyrocketing?
Binance is amazing; it makes trading perpetual contracts so easy for us. This makes it hard for us to understand how difficult it is for people in Europe and America to open a contract trading account on an exchange.
An American friend of mine can't open an account on Binance because he's American. US citizenship is an absolute red line for exchanges.
A British friend of mine had to use a Palau ID and Palau address to protect his Binance account.
For 99% of Europeans and Americans, they can't use perpetual contracts on any exchange.
That's why HYPE is practically a god-like commodity in English-speaking communities. Do you understand now?
$BTC $ETH