Words
59
Reading
1 min
6y
There is no decentralized exchanges... There is just exchanges that use internal or external bookkeeping... So-called decentralized exchanges are not more secure as they rely on trust that the contract operating the exchange and contracts operating the tokens are safe and bug-free.
Like I mentioned earlier centralized exchanges can have a lot lower fees due to internal off-chain bookkeeping.
RE: If you are involved in Crypto you need to file a complaint against FinCEN's proposed Crypto rule changes!