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What a ridiculous statement. Every legitimate exchange is prepared for a “bank run”. because they don’t behave like banks since they’re exchanges. Being excha
by rhaway84773 4y ago
What a ridiculous statement.
Every legitimate exchange is prepared for a “bank run”. because they don’t behave like banks since they’re exchanges.
Being exchanges, they have your money in exactly the form that shows up in your account.
Binance (and FTX before that) apparently doesnt, because it’s behaving like a bank and lending out your money despite claiming to be an exchange and not a bank.