Every now and then, the market digs up news about Binance @binancezh launching Binance Life spot trading. The familiar storyline has repeated many times: • Simulated trading supports Chinese contracts → Pump it; • Deposit address supports Chinese search → Buy it; • Spot API supports Chinese → Another wave; But the price keeps getting lower each time. Now it’s been revealed again that the testnet API update supports Chinese UTF-8… Tired, really tired. This time, I’m not jumping in first and regretting later.