Is it possible to send BTC out of an exchange account, in order to bypass the private key management system

Is it possible to send BTC out of an exchange account, in order to bypass the private key management system

Inspired by this other question, I wanted to ask a question related to how the private keys are managed by the different exchanges.

The question is: do any of the exchanges allow the sending of bitcoins to external wallet addresses?

(My reason for asking this is that I was thinking it would allow the user to send bitcoins to an address controlled by himself and then get around the enforced private-key management system.)

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