# Sending assets to/from centralized exchange (CEXs)

Each Squads address represents a special account on the Solana blockchain referred to as "PDA". As a result, some exchanges may have limitations in fully supporting asset transfers to or from Squads multisigs, with these restrictions varying by region.

Please refer to the following list if you plan to use Squads frequently with centralized exchanges:

<table><thead><tr><th>Exchange</th><th data-type="checkbox">Receive (from Squads multisig)</th><th data-type="checkbox">Deposit (into Squads multisig)</th></tr></thead><tbody><tr><td>Coinbase </td><td>true</td><td>true</td></tr><tr><td>Binance</td><td>true</td><td>true</td></tr><tr><td>Kraken</td><td>true</td><td>true</td></tr><tr><td>Backpack</td><td>true</td><td>true</td></tr><tr><td>OKX</td><td>true</td><td>true</td></tr><tr><td>Swissborg</td><td>true</td><td>true</td></tr><tr><td>Bybit</td><td>true</td><td>false</td></tr><tr><td>Bitget</td><td>true</td><td>false</td></tr></tbody></table>

{% hint style="warning" %}
Please proceed with caution and test with small amounts whenever you're sending assets to/from a CEX. If you have any questions, please reach out to us on [Discord](https://discord.com/invite/YPXz64TrKs).
{% endhint %}


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