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Brazilian Crypto Exchange Plans to Display Balances Without Allowing Withdrawals
(3 hours ago) · 1 source · Summarized by CryptoBipto
A Brazilian cryptocurrency exchange is reportedly planning to let customers view their account balances without permitting them to withdraw or move their funds. The approach has raised concerns about customer access to their own assets on the platform.
WHY IT MATTERS
When you deposit money or crypto on an exchange, you are trusting that platform to hold your assets and let you take them back when you want.
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SOURCES
- cryptoslate.com
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