The CEO of world’s leading cryptocurrency exchange Binance, has claimed that the exchange holds customer assets backed one-to-one. In addition, Zhao also defended that Binance does not have a liquidity crunch and is covering users’ withdrawals as they come in. Moreover, Binance’s business models are very different from the traditional business model banks use, and is relies on fractional reserves
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$0.999988
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BCH
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USD1
$0.999716
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USDE
$0.999804
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GRAM
$1.35
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Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,913.00
▲ +0.30%
ETH
$1,916.43
▼ -0.10%
USDT
$0.999449
▲ +0.00%
BNB
$592.55
▼ -0.20%
USDC
$0.999682
▲ +0.00%
XRP
$1.02
▼ -2.00%
SOL
$73.82
▲ +0.40%
TRX
$0.327129
▲ +0.10%
FIGR_HELOC
$1.03
▲ +1.00%
HYPE
$54.48
▼ -3.70%
DOGE
$0.069828
▲ +0.90%
USDS
$0.999971
▲ +0.00%
RAIN
$0.012711
▲ +1.40%
LEO
$9.75
▼ -0.10%
ZEC
$514.72
▲ +2.80%
ADA
$0.201453
▼ -1.80%
XMR
$372.27
▲ +1.60%
WBT
$56.14
▲ +0.10%
LINK
$8.22
▼ -1.50%
XLM
$0.161835
▼ -1.30%
DAI
$0.999988
▲ +0.00%
BCH
$216.06
▲ +0.20%
USD1
$0.999716
▲ +0.00%
USDE
$0.999804
▲ +0.00%
GRAM
$1.35
▼ -2.40%
BTC
$64,913.00
▲ +0.30%
ETH
$1,916.43
▼ -0.10%
USDT
$0.999449
▲ +0.00%
BNB
$592.55
▼ -0.20%
USDC
$0.999682
▲ +0.00%
XRP
$1.02
▼ -2.00%
SOL
$73.82
▲ +0.40%
TRX
$0.327129
▲ +0.10%
FIGR_HELOC
$1.03
▲ +1.00%
HYPE
$54.48
▼ -3.70%
DOGE
$0.069828
▲ +0.90%
USDS
$0.999971
▲ +0.00%
RAIN
$0.012711
▲ +1.40%
LEO
$9.75
▼ -0.10%
ZEC
$514.72
▲ +2.80%
ADA
$0.201453
▼ -1.80%
XMR
$372.27
▲ +1.60%
WBT
$56.14
▲ +0.10%
LINK
$8.22
▼ -1.50%
XLM
$0.161835
▼ -1.30%
DAI
$0.999988
▲ +0.00%
BCH
$216.06
▲ +0.20%
USD1
$0.999716
▲ +0.00%
USDE
$0.999804
▲ +0.00%
GRAM
$1.35
▼ -2.40%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,913.00
▲ +0.30%
ETH
$1,916.43
▼ -0.10%
USDT
$0.999449
▲ +0.00%
BNB
$592.55
▼ -0.20%
USDC
$0.999682
▲ +0.00%
XRP
$1.02
▼ -2.00%
SOL
$73.82
▲ +0.40%
TRX
$0.327129
▲ +0.10%
FIGR_HELOC
$1.03
▲ +1.00%
HYPE
$54.48
▼ -3.70%
DOGE
$0.069828
▲ +0.90%
USDS
$0.999971
▲ +0.00%
RAIN
$0.012711
▲ +1.40%
LEO
$9.75
▼ -0.10%
ZEC
$514.72
▲ +2.80%
ADA
$0.201453
▼ -1.80%
XMR
$372.27
▲ +1.60%
WBT
$56.14
▲ +0.10%
LINK
$8.22
▼ -1.50%
XLM
$0.161835
▼ -1.30%
DAI
$0.999988
▲ +0.00%
BCH
$216.06
▲ +0.20%
USD1
$0.999716
▲ +0.00%
USDE
$0.999804
▲ +0.00%
GRAM
$1.35
▼ -2.40%
