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The original was posted on /r/monero by /u/MoneroFox on 2024-09-25 11:58:54+00:00.

Exchanges are in love with Monero (and in love with privacy coins in general) ... but why?

• There is no panic and no bad publicity in case of stolen coins (hack), because it is not so easy to find out - the public simply does not know about it. (Just imagine (for example) Coinbase if they lost a million BTC in an hour, that would be a nice panic.)
• Exchanges can sell (are selling) all these privacy transactions information to Chainalysis. (Bitcoin is public - so no extra income for them.)
• Exchanges can move coins from their treasury unnoticed. (Sell coins, lend coins or they can do whatever they want with them and no one will find out.)
• The most clever ones can operate with almost empty treasury. Deposits are usually equal to withdrawals, so there is no need to hold extra coins. No one will notice.
• ... ?

And this way they can beautifully operate and make extra money. With Bitcoin (and similar public coins), they have limited options. Sometimes it happens that this whole thing gets slightly out of their control (for example in case of huge withdrawals), but that's another story ...

But if exchanges love Monero so much, why delisting (or not listing)? Mostly it's pressure from someone else (AML, regulators, government, institutions ...).