Binance Is Using Your Coins To Stake For Their Wallet.

Well done CZ, you found another great way to make some profit!

An user on Twitter was following the track of his coins, and to his surprise he noticed that Binance is moving them to a stake wallet.

It isn’t so bad that they are staking coins, because people are not savvy enough to realize to withdraw cryptocurrency (which you are supposed to do). It is bad because nobody at Binance realized that they should maybe put out an official statement that coins can be used to stake.
Normally when exchanges stake coins to return profits to their customers, or allow customers to get a share. Binance is not having any of that and keeps the coins for themselves. Pretty smart but also very scummy.

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