Edit:
We can also guess they’re playing fractional reserve games with Monero.
- Deposit limit: 10.8 xmr/mo
- Withdraw limit: 4.6 xmr/mo
The fact that they’re letting you deposit double what you can withdraw means they don’t have enough Monero on their books to make it up for everybody. Otherwise, the deposit and withdraw amounts would be equal.
The user can do things transparently if they want to in Monero, but it’s not by default, obviously.
We already have public view keys.
There are view keys, but that wasn’t considered to be enough when Binance was demanding more access to fulfill their new compliance requirements and other privacy coins were making changes to give it to them.
True. The Monero community was basically like, fuck you, we aren’t changing anything. And if you don’t like it, then tough noodles.