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Are wrapped tokens on BSC, like ADA or XRP, backed by Binance?

Binance

Cryptocoins Exchanges / Binance 308 Views

Also, if they are backed and safe, do you think it would be a good idea moving all funds from Binance CEX to DeFi on BSC, while having control of your own tokens, and avoiding withdrawal fees and govt pressure?

submitted by /u/VIKTAUR
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