Changpeng Zhao: Binance won’t go bankrupt if all users initiate withdrawals at the same time
Binance CEO Changpeng Zhao recently responded to community comments and discussed the forthcoming 2022.
Changpeng Zhao also stated that Binance will not go bankrupt if all users initiate withdrawals at the same time. Each cryptocurrency on Binance has 100% reserves at all times, allowing users to withdraw money whenever and wherever they want.