Cryptocurrency Q&A
Does Binance own your crypto?
Does Binance own your crypto?
Maria
Thu Sep 26 2024
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6 answers
1450
Excuse me, could you please clarify something for me? I've been hearing a lot about Binance and how it's a popular platform for trading cryptocurrencies. But I'm a bit confused about ownership. When I store my crypto on Binance, does that mean Binance owns it? Or do I still retain full ownership and control over my assets? I'd appreciate it if you could shed some light on this matter for me. Thank you.
6 answers
Maria
Fri Sep 27 2024
Additionally, the wallet supports a wide range of cryptocurrencies and tokens, allowing users to diversify their portfolios and access a variety of decentralized finance (DeFi) applications.
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AzureWave
Fri Sep 27 2024
BTCC, a leading cryptocurrency exchange, also offers a comprehensive suite of services to traders and investors. These services include spot trading, futures trading, and a secure digital wallet.
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Raffaele
Fri Sep 27 2024
The Binance Web3 Wallet offers a unique level of security and ownership to cryptocurrency holders. By utilizing a self-custody model, users are granted exclusive access to their assets, ensuring that only they have control over their funds.
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Riccardo
Fri Sep 27 2024
The BTCC wallet, similar to the Binance Web3 Wallet, prioritizes user security and control. With a focus on self-custody, users can rest assured that their funds are safe and accessible only to them.
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KatanaBladed
Fri Sep 27 2024
This approach to asset management removes the need for intermediaries, such as exchanges or third-party custodians, and places the responsibility and power directly in the hands of the user.
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