3 ms·

Didn’t read his next message? > This is only impacting the Bitcoin network. You can still withdraw Bitcoin on other networks like BEP-20.

• shawabawa3 4y ago
  But BTCB (Bitcoin on BSC/BEP-20) is not Bitcoin To actually withdraw Bitcoin like this, you'd have to bridge your BTCB to WBTC on Ethereum, and from there bridge it back to BTC (using a custodial bridge, AFAIK there are no WBTC/BTC decentralised bridges) You'd eat 2 sets of fees along the way plus gas, probably costing you 0.3% or more
  • mhluongo 4y ago
  • JCharante 4y ago
    If you want to withdraw to protect yourself against binance mtgox'ing, WBTC is probably safe enough.
  • TrapLord_Rhodo 4y ago
    Binance has DEX's, why would you trade it for WBTC -> BTC?
• dhsysusbsjsi 4y ago
  Which is also not Bitcoin