The money you deposit in an exchange (cryptocurrency trading platform) is used to buy and sell cryptocurrencies within the platform. It is not stored in a specific bank account for the user, but rather kept in an account of the exchange, which is then used to facilitate transactions.

Detailed explanation:

1. Deposit:

When you deposit money in an exchange, it is usually done through bank transfers, credit or debit cards, or even other cryptocurrencies.

2. Storage on the platform:

The deposited money is not kept in an individual bank account for you, but is maintained in an account of the exchange, which is then used to conduct the buying and selling operations of cryptocurrencies.

3. Transactions:

The exchange uses this money to facilitate transactions between users. When you buy a cryptocurrency, the exchange uses your deposited funds to acquire it. When you sell, the exchange uses your deposited funds to make the sale and then transfers them to your account.

4. Withdrawal:

When you want to withdraw your funds, you can do so through the platform. The exchange will allow you to withdraw the money to your bank account or to another wallet address.

In summary: Your money in an exchange is not kept in a specific account for you, but is used as a means to facilitate the buying and selling operations of cryptocurrencies within the platform. When you want to withdraw your money, you can do so by following the steps of the platform.