Questions tagged [binance collapse]

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Carlo Carlo Fri Mar 29 2024 | 7 answers 1669

What happens if Binance collapses?

I'm quite concerned about the current situation with Binance. As a crypto enthusiast and investor, I've been hearing rumors about its potential collapse. What would happen if Binance really folded? Would it mean a total loss of my investments? Or is there a chance for recovery? How would such an event affect the entire crypto market? Would other exchanges also be impacted? What measures can investors take to minimize their losses in such a scenario? I'm really looking for some insights and advice from someone who knows the industry well.

What happens if Binance collapses?

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