Gracy Chen, managing director of worldwide cryptocurrency trade Bitget, suggested her followers and associates to not scan their eyeballs in trade for a couple of Worldcoin tokens.

“There’s an enormous privateness concern,” she tells Journal, including that she isn’t optimistic about its worth prospects given the anticipated inflow of WLD tokens within the close to future.

“There will probably be way more launched within the upcoming 12 months or two,” she explains.

Chen admits that her gig with Bitget is fairly cool, nevertheless it additionally means her American buddies consistently bug her for favors.

“Since we stopped onboarding U.S. prospects, I’ve had a lot of associates who maintain a U.S. passport ask if they will get a bit again solution to open an account.”

“I refuse a variety of requests like that. It’s a crimson line that we simply don’t cross,” Chen says. 

Earlier than she began steering technique at Bitget, Chen labored as an anchor and producer at Phoenix TV’s tech and finance channel, a serious participant in China’s media scene. 

Nevertheless, a billion-dollar concept got here knocking and rapidly led Chen away from journalism.

In 2015, she co-founded a tax startup designed for freelancers, and it skyrocketed to unicorn standing in simply three years.

“It’s a financial tech firm. So, what they do is they supply providers for freelancers. They serve the freelancers and supply taxation and wage automation providers,” she says.

Nevertheless, considered one of her proudest achievements was having soccer legend Lionel Messi be a part of the Bitget crew as a accomplice.

Chen says Messi confronted stiff competitors from many candidates, however Bitget finally chosen him because of his paternal qualities and similarities with the trade. 

“He had a superb popularity as a father, husband and crew chief, and in addition we form of see some similarity between Bitget and Messi,” she states.

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Chen says that Bitget began in a bear market, and equally, Messi suffered from progress hormone deficiency when he was younger and first beginning out within the sport.

“He’s not tall. He’s at a drawback, so he had a really laborious place to begin as effectively.”

What led to Twitter fame?

Chen explains that she found her love for Twitter, now X, solely after snagging her high-ranking crypto place.

“My Twitter following started in crypto. I suppose I wasn’t actually lively on Twitter once I was a journalist as a result of I used to be primarily overlaying the Asian market and reporting in Mandarin,” says.

Chen has a really friendly-natured method to X, explaining breaking occasions in broken-down, easy-to-understand threads for her followers.

Curious in regards to the Ripple case?
Let’s simplify:
• It is a civil case
• It is NOT prison

Here is the newest:

• SEC’s attraction wants approvals from courts.
• Permission to attraction ≠ guilt confirmed.
• Decide Torres’ ruling is present and declares Ripple harmless.
• Profitable…

— Gracy Chen @Bitget (@GracyBitget) August 21, 2023

Nevertheless, she observes that her Twitter following surges throughout the identical durations Bitget’s enterprise exercise spikes.

“My followers grew throughout a sure interval of time, from the tip of final 12 months to earlier this 12 months. That’s a interval of time once I see a singularity level the place you see exponential progress, and that’s additionally once we had progress in our firm.”

“So, I might contribute my success or any form of achievement or following quantity primarily to Bitget’s progress,” she provides.

What kind of Twitter content material are you able to anticipate?

Chen’s Twitter account affords severe selection. You’ll get a glimpse into her jet-setting escapades, and who is aware of, you would possibly even come upon some wild journey inspiration. 

However when the crypto world goes haywire — whether or not it’s lawsuits, exchanges taking place or all the things in between — Chen serves up trustworthy breakdowns in bite-sized parts.

What kind of content material do you want?

Chen has blended emotions about Twitter, pondering it may well typically grow to be a raucous battleground.

“Twitter is mainly a really noisy place. Everyone seems to be altering their opinions and attempting to be consideration grabbers,” Chen declares.

You open twitter and also you see:
– SEC suing this and that
– rumors round initiatives
– cash dropping in worth

Pleasant reminder that Twitter is not the true world.

Crypto has made a ton of progress in 2023:

— Gracy Chen @Bitget (@GracyBitget) June 12, 2023

She reveals that she enjoys seeing updates from Altcoin Every day and Coin Bureau, however she advises hardcore Crypto Twitter addicts to tear their eyes away from the display screen now and again.

“I might extremely suggest anybody who’s a heavy person of crypto data on Twitter to spend not less than one hour or two away from social media and do basic analysis and discuss to a bunch of reliable associates.”

Predictions

Chen firmly believes that Bitcoin exchange-traded funds are on the trail to approval, although 2023 won’t be the 12 months it occurs.

“Not this 12 months — we solely have three months left this 12 months. Perhaps early 2024,” she predicts.

She hints that it may very well be a “superb driving power” for the subsequent bull market. 

On the subject of Coinbase and Binance’s showdown towards the SEC, Chen suggests Coinbase may be in secure waters — however Binance may very well be in for a rollercoaster.

“I personally suppose that Coinbase is a fairly well-regulated, U.S.-driven crypto trade, so the lawsuits may be settled by some fines. As for the SEC vs. Binance, it’s a lot trickier.”

Nevertheless, she is assured that Binance’s authorized warriors will put up a superb struggle:

“I believe they’ve a really, very huge and robust authorized crew to battle this struggle.”

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Ciaran Lyons

Ciaran Lyons is an Australian crypto journalist. He is additionally a standup comic and has been a radio and TV presenter on Triple J, SBS and The Undertaking.