ChangeNOW - Fast coin swaps free of custody
Innovative and experimental tech is what the crypto space is all about. This innovation drives the space forward and makes it an exciting place to be. It’s true that not every project has merit or that every ICO deserves your money but some strides are being made. How assets are traded is an example of this. What really matters is not whether an exchange is centralized or decentralized. What matters is whether the exchange is custodial or non-custodial. What does that mean? A custodial exchange is one where the exchange HOLDS YOUR MONEY. Custodial Exchanges typically occur on centralized exchanges. Pros of Custodial Exchanges: The exchange has the liability to protect the funds from hackers NOT the user Cons of Custodial Exchanges: The exchange NOT the user holds the money Custodial Exchanges hold the custody of your private keys Possible unannounced access to your money Support requirements are more complex. A non-custodial exchange DOES NOT HOLD...