Quote from: LoyceV on August 31, 2021, 08:44:41 AM

Quote from: Karartma1 on August 31, 2021, 08:06:14 AM

The simplest reason regarding the fact that Binance is not full segwit is, in my humble opinion, also the most realistic one. We're talking about an address that's probably a good old cold storage and since our friends at Binance are comfortable with that system they decided not to change the process.

The additional fees for their own massive wallet are negligible compared to the fees on consolidating deposits. Address 1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s has more than a million transactions, and almost 15 million Bitcoin went through it. Binance still pays 100 sat/vbyte for withdrawals, even though they could get away with 90 to 99% less. They're simply too rich and charge users too much for withdrawals to care about fees. And they want to keep withdrawal fees high to promote their own centralized shitcoin: they want users to withdraw made-up tokens instead of real Bitcoins. Low fees and smaller transaction sizes don't align with their (financial) interests.

This was the simplest answer, in fact.
On a different note, it makes no sense also from a very simple security point of view. I'm no expert but I feel like I need to make 100% sure every time I make a BTC transaction since I'm exposing the private keys to sign the tx (yet they perform million of txs).
As you said, the simple answer is that they don't care and by doing that they promote their useless binance coin and blockchain.