He Yi calls withdrawal campaign a good 'stress test' for exchanges

Binance Co-CEO He Yi has sarcastically commented on a boycott and withdrawal campaign targeting the exchange that has been spreading within parts of the crypto community. She noted that assets held in Binance addresses have actually increased since the campaign began, adding that attempts at regular withdrawals from all exchanges are not a bad idea as a form of stress test. Yi also advised users to double-check addresses during withdrawals, as on-chain transfer errors are irreversible. She suggested that for those anxious about using Binance Wallet or Trust Wallet, a hardware wallet could be a viable option. The campaign stems from widespread mistrust within the crypto community, leading some users to attempt mass withdrawals from Binance to self-custody wallets and contributing to ongoing FUD (Fear, Uncertainty, and Doubt) around the exchange.