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Binance ensures liquidity and fund security.

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Post time 10-9-2023 12:02:46 | Show all posts |Read mode
CZ posted on the X platform, saying: "I see some debates within the community. When you are doing the right thing and there's FUD (Fear, Uncertainty, Doubt) present, you don't need to do anything; the community will support you. To summarize: there have been a lot of negative news/rumors lately, such as bank runs, lawsuits, fiat channel closures, product reductions, staff turnover, and market exits. But Binance doesn't have liquidity issues. All withdrawals (and deposits) are being handled properly. All user funds are safe and securely stored, 100%. At the same time, Binance has the following new developments: lawsuit victories, handling and recording of bank runs, new fiat channels, the smooth phasing out of old products and the launch of new ones, new employees, and new markets. Binance's founder team turnover may also be one of the lowest among tech startups of similar scale and age globally."
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Post time 10-9-2023 13:09:07 | Show all posts
As a top cryptocurrency exchange, Binance certainly doesn't have any pressure.
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