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🛡️ Is your money safe? What nobody tells you about the Reserves.
$BTC Hello, family! I know that sometimes it's scary to leave our savings on the internet, especially with so much crazy news out there. Today I want to talk to you about something that sounds boring but is the most important: the Proof of Reserves.
🧐 What is this in plain English?
Imagine you go to the bank to withdraw your money and they tell you they don't have it because they lent it out. What a nightmare, right?! Well, at Binance, the Proof of Reserves is like a giant window that allows us to peek in and see that every coin we have is there stored, backed 1 to 1.
🧐 What is this in plain English?
Imagine you go to the bank to withdraw your money and they tell you they don't have it because they lent it out. What a nightmare, right?! Well, at Binance, the Proof of Reserves is like a giant window that allows us to peek in and see that every coin we have is there stored, backed 1 to 1.
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