Quote from: Faisal2202 on August 09, 2023, 04:47:02 PM

I will keep your advice in mind maybe at that time i might be not thinking straight. hehe. But thanks to all members for correction and i just edited my statement made in my first reply. I didn't meant to advice anyone to keep there funds in there instead i myself intend to learn from those statements weather that act of withdrawing would be good or not but now i know the truth. Yeah i admit that i am around here for some time but unfortunately half of that time i wasted in bounties and didn't intend to learn the basics of crypto. But even though i am a senior member here i consider my self a student all the time and try to learn things and i accept my mistake.

No worries. We all make mistakes and learning is a constant process. I feel you had good intentions and just confused centralised crypto exchange with a classic fiat banking. The latter allows banks to operate a fractional reserve system, so even a "healthy" banks could go bankrupt if a panic kicks in and too many people rush to withdraw (aka "bank run"). In such case, advising people not to panic and stay calm would make some sense.