Binance, the world’s largest crypto exchange and WazirX, India’s biggest crypto exchange have been involved in the ល្បែងទាញព្រ័ត្រ amid the bear market conditions. However, in order to press its authority, Binance has issued a deadline for the Wazirx which might hurt the Indian crypto holders.
Binance holds no control on WazirX user funds
As per reports, Binance has told the Indian crypto exchange to withdraw customer assets that were held in its wallet. This direct message from the world’s largest crypto exchange depicts that the deal between the two giants seems to be getting over now.
Binance in a blog mentioned that they hold no control over the WazirX user funds. It also has no authority over any aspect of the Indian crypto exchange operations. It admitted that it provided wallet and related technology services to Zanmai Labs. However, CZ’s Binance will be terminating this service now.
It added that the parent company of WazirX, Zanmai has not been able to fully withdraw assets held in the mentioned wallets. Meanwhile, this termination would not impact any of the Binance users or their funds.
Both crypto exchanges have been involved in a long running ស្តាត Twitter. However, the largest crypto exchange has called out Zanmai for making several misleading claims related to their role in WazirX’s operation.
However, the termination of the use of its wallet service comes in as Zanmai refused to clarify its stand over its forced allegation. It added that as the deadline is near, Binance seeks that user whose assets are deposited with WazirX will have legitimate concerns regarding their holdings.
ខ្លឹមសារដែលបានបង្ហាញអាចរាប់បញ្ចូលទាំងគំនិតផ្ទាល់ខ្លួនរបស់អ្នកនិពន្ធនិងស្ថិតក្នុងស្ថានភាពទីផ្សារ។ ធ្វើការស្រាវជ្រាវទីផ្សាររបស់អ្នកមុនពេលវិនិយោគលើគ្រីបគ្រីប។ អ្នកនិពន្ធឬការបោះពុម្ពផ្សាយមិនទទួលខុសត្រូវចំពោះការបាត់បង់ហិរញ្ញវត្ថុផ្ទាល់ខ្លួនរបស់អ្នកទេ។
Source: https://coingape.com/binance-wazirx-deal-over-binance-terminates-this-service/