Post
Topic
Board Bitcoin Discussion
Re: Why does Bitcoiner still support the use of centralized exchanges?
by
John Abraham
on 28/04/2023, 01:21:38 UTC
we need to find out the reason behind that, why those users' accounts are frozen. Don't jump to the conclusion that they take money from users because those accounts have very small amounts, nothing compared to the assets of Binance or Coinbase.
What if the exchange refuses to explain why they blocked the account, and what if they don't respond to your email for months? According to their TOS, they are not responsible for explaining this to you or any other 3rd party. Most exchanges Write this kind of thing on their TOS page, which we never bother to read. Once again, I refer you to this thread; Do you know what is hiding behind Centralized exchanges User Agreement?

Quote
One more thing, I have never heard of having to deposit to unlock from Binance, maybe a new type of scam. Don't just listen to one side and jump to conclusions just because you don't like CEX, there should be fairness here.
It's not like a typical scam. They won't scam you in a typical way. I don't think you have read carefully what I've said. I refer you to this thread Binance Stuck My withdrawal by shasan for more detailed information. It doesn't look like a scam. But, It's a scam.