Can binance also face problem of sufficient funds in future?

MisterF · Nov 14, 2022

bartosimpsonio said:
That's what Xi said

Hu?

Xi

That was very quick witted for this tome of day!

moonshine7000 · Nov 14, 2022

Short BNB to the earth

guys.

Cashflow007 · Nov 15, 2022

Seo Captain said:
We already saw this problem with second biggest exchange. Can this be possible with binance also?

Binance is the only exchange platform will survive but to be sure its better to keep your crypto in an offline wallet, if you re long term holder.

Elvlin · Nov 15, 2022

It is human. And people make mistake become greedy etc. So why bet on those. Put it on your own wallet.
What make crypto great is decentralization removing need of third party. and now you putting it on centralized exchange(3rd party) = removing it benefit .

djsobuj · Nov 15, 2022

Only @cz_binance know.

Crypto Marketing · Nov 15, 2022

HustleTong said:
Binance recently tweeted out their entire stablecoin reserve
I think it's the only exchange that will survive this bear market

These "proof of reserves" means nothing. It's just eyewash transparency. They must include information of liabilities.

Assets - Liabilities = Owner Equity

They are showing you one piece of the equation which are assets but it's meaningless unless you see liabilities, in this case to know if they have positive or negative equity.

Large amount of assets really don't mean anything without the context.

This is just Basic Accounting. Don't let yourself be fooled.

cz_binance · Nov 17, 2022

Don't worry binance have enough funds

Feaboduc · Nov 17, 2022

Binance is a very big exchange now. They will remain stable in business for a long time. Don't put all your funds in Binance to be safe.

Seo Captain · Nov 19, 2022

Feaboduc said:
Binance is a very big exchange now. They will remain stable in business for a long time. Don't put all your funds in Binance to be safe.

One should not keep funds on exchange ever.

PinguSpy · Nov 19, 2022

cz_binance said:
Don't worry binance have enough funds

I doubt you are the CEO of Binance.

B2Cute · Nov 26, 2022

HustleTong said:
Binance recently tweeted out their entire stablecoin reserve
I think it's the only exchange that will survive this bear market

It is better imagined than it happening...
The crypto space will be shaken to its core.

goldagovidis · Nov 26, 2022

Binance is here to stay. They recently released verifiable data of their collateral and reserves... Seems they are navigating this storm with great success so far.

Hawkeye Digital · Nov 26, 2022

This could surely happen mate , the government is something to be worried of !

PinguSpy · Nov 26, 2022

No

Binance trade volume and market listings | CoinMarketCap

Binance trade volume and market listings

coinmarketcap.com

Trust WorkShop · Dec 28, 2022

GNews said:
the founder is from China

Binance was initially based in China, but later moved its headquarters out of China shortly before the Chinese government imposed regulations on cryptocurrency trading. Binance is registered in the Cayman Islands.
Binance's Changpeng Zhao is of Chinese origin.
When Changpeng Zhao was 12, he and his entire family left China, two months after the 1989 Tiananmen Square protests. He went to Canada and then soon acquired Canadian citizenship.

lelando · Dec 28, 2022

Always keep your crypto in a cold wallet

seomaster5 · Dec 28, 2022

Finance have shared their current funds and that is because they have confidence on the way they run.

Can binance also face problem of sufficient funds in future?

Repeat Selling Out MP - Doxxing - Harass Comps.

Elite Member

Junior Member

Jr. VIP

Jr. VIP

Jr. VIP

Newbie

Jr. VIP

Jr. VIP

Jr. VIP

Junior Member

Banned - selling outside of the marketplace.

Jr. VIP

Jr. VIP

Jr. VIP

Junior Member

Jr. VIP

Main Menu

Marketplace

Making Money

BlackHatWorld

Other