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What happens to BEP2 & BEP20 network if Binance goes down?

Binance

Cryptocoins Exchanges / Binance 280 Views

I know that BEP2 and BEP20 are centralized networks and has made many peoples lives easier and made every transaction cheaper. However, the recent crack down on Binance by many countries has got me thinking what would happen if Binance eventually shuts down or if Binance is no longer legal in your country. If Binance were to go down, would that mean every coin you have in your wallet that is pegged to those two network become worthless/ unusable?

submitted by /u/Alcoholic001
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