What if centralized exchanges add a small % of coins to their own balance(out of thin air) and sell them on the exchange knowing that traders will never withdraw 100% of the coins off the exchange?

And even if by some small chance that 100% of coins would be withdrawn by users, they can just buy back from the market(other exchanges) to cover that coin.There is no real way to make sure that the coins are 100% backed by balance.I haven't seen a discussion about it anywhere..What if that's what drove the 90% market decline of all crypto? (or at least the most part of it)Do you trust your exchange to be 100% backed?Discuss.

Submitted January 18, 2020 at 06:43PM

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