InvestorsHub Logo
Followers 29
Posts 3293
Boards Moderated 0
Alias Born 12/24/2017

Re: PENNY PIRATE post# 83982

Monday, 11/14/2022 1:42:24 PM

Monday, November 14, 2022 1:42:24 PM

Post# of 107789
“Because DEXs don’t interact with banks at all, customers have to have digital assets in their possession already to use one; the customer experience is a little more complicated than with centralized exchanges too.

However, what they lose in terms of user-friendliness, they can make up for in security (at least in terms of mitigating some of the damage caused by FTX). This is because DEXs are self-custody solutions.”

https://decrypt.co/114364/defi-exchange-volume-hits-ftx-collapse


"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett