Quote (SBD @ Feb 6 2024 05:34pm)
So you cant withdrawal your investment?
Sounds worthless.
people on binance can't, i don't use binance but they're the one dictating the price
binance is running a fractional reserve scam
same way as the banks
if too many people try to withdraw their cash at the banks, the banks won't be able to pay them all cause the banks don't have enough cash, it's fractional reserve as well
binance can't pay their customers that are trying to withdraw because they're running a fractional reserve scam
so the customers on binance are forced to sell to like bitcoin (lowering xmr's price, increasing btc's price) so they can finally withdraw their money and then exchange it somewhere else, binance still dictating the price regardless
the community been asking a delisting from binance for years now, they going out with a boom but it's finally happening
centralized exchanges like binance have no place in the cryptospace, DEX is where it's at, atomic swap is where it's at, exchanging straight from protocol without 3rd party that "blocks withdrawals" all year long, it's peer to peer, that's what's up