About exchange accounts and self-custody wallets:
Binance regularly publishes Proof of Reserves, and users can use a Merkle tree to verify whether their balances have been included.
Exchange accounts are convenient: if you forget your password, you can recover it through a verification process. However, the security of your assets also depends on the platform itself.
$BNB 630.41（-3.56%）
Binance regularly publishes Proof of Reserves, and users can use a Merkle tree to verify whether their balances have been included.
Exchange accounts are convenient: if you forget your password, you can recover it through a verification process. However, the security of your assets also depends on the platform itself.
$BNB 630.41（-3.56%）
