Fractional reserve

« Back to Glossary Index

Fractional reserve is a practice in the banking system where they profit by loaning the customer’s deposits while only holding a fraction of the deposit amount. In other words, exchanges stores only a certain percentage(a fraction) of the deposit, which is available for withdrawal by the customers. 

« Back to Glossary Index
Scroll to Top

Become a Quiffiliate!
Join our mission to safeguard web3

Sounds Interesting, Right? All you have to do is:

1

Refer QuillAudits to Web3 projects for audits.

2

Earn rewards as we conclude the audits.

3

Thereby help us Secure web3 ecosystem.

Total Rewards Shared Out: $200K+