Zhao Changpeng: Forbes seems to misunderstand the basic operational principles of exchanges; Binance users can withdraw their assets at any time

2023-02-28 15:39:20
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ChainCatcher message, Binance CEO Zhao Changpeng stated on social media that he is reluctantly spending time on FUD again (4). Forbes has written another FUD article that deliberately misrepresents the facts; they seem to misunderstand the basic principles of how exchanges operate.

Zhao Changpeng also stated that Binance users can freely withdraw their assets at any time. Forbes' article ignores deposit trading and attempts to categorize Binance and FTX together. Binance will implement proof of reserves using zero-knowledge proofs (suggested by Vitalik) to protect the security and privacy of our users. (source link)

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