tldr; If your coins are on an exchange, you need permission from the exchange to spend them. Bitcoin doesn’t actually care who you are or how much you are transacting. You can move 100,000 bitcoin and you’ll be free to do that without any resistance any time of the day, even on Christmas Eve, if the bitcoin was in your possession. Many exchanges have been hacked and coins have been stolen.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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