Post
Topic
Board Bitcoin Technical Support
Re: [May 2024] Fees are low, use this opportunity to Consolidate your small inputs
by
LoyceV
on 31/05/2024, 08:27:35 UTC
you still need one Bitcoin on-chain TX in order to send your Bitcoin to exchange/other service, to obtain the "wrapped" coin.
Isn't it more likely they use dollars or other coins for that? I don't expect real Bitcoin owners to exchange it for a made-up centralized token, but especially Binance tries really hard to make people withdraw their own made-up tokens instead of Bitcoin.