Cryptocurrency Q&A
Do you own the coin on Binance?
Do you own the coin on Binance?
CryptoWizardry
Mon Jul 01 2024
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8 answers
2130
Excuse me, could you elaborate on your current investment position in relation to Binance? Specifically, are you currently in possession of any coins or tokens on the Binance platform? Your response would greatly assist me in understanding your current financial standing and involvement in the cryptocurrency market. Additionally, if you could provide any insight into why you choose to hold your coins on Binance, that would be highly valuable information. Thank you for considering my question.
8 answers
Sara
Wed Jul 03 2024
Contrary to popular misconception, Binance does not hold any bitcoin as a proprietor.
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DondaejiDelightfulCharmingSmileJoy
Wed Jul 03 2024
Its primary function is to facilitate the trading of bitcoin and other digital currencies on its robust platform.
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Martino
Wed Jul 03 2024
When users engage in buying or selling activities on Binance, the bitcoin involved in these transactions remains in their respective wallets.
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Riccardo
Wed Jul 03 2024
These wallets are securely hosted on the Binance exchange, ensuring the safety of users' funds.
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AzureWave
Wed Jul 03 2024
Binance stands as a pivotal platform in the cryptocurrency exchange landscape.
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