Crypto platforms used their clients' funds irresponsibly for their ambitions and created millions of victims who lost their life savings. The best lesson we learned in 2022 is that "Not your keys, not your coins!"
It is time to remember one more time what old Bitcoiner says 'Not your keys, not your coins'. Unfortunate experiences with centralized exchanges paved the way for decentralized exchanges. Decentralized exchanges are going to play a bigger role in the crypto's future.
Aptos blockchain network is launched on 17 October in almost all major exchanges. There are many early-stage web3 projects that are developed during the bear market.
Web2 led internet giants to be born and gave the internet a centralized character. Web3 is an uprise against centralization and puts individuals first in front of corporations.
Traders use borrowed money which is called leverage trading. Leverage trading allows traders to glorify the return. Easy access to funds enables traders to open bigger positions. Quick pumps and dumps often happen in the crypto markets, especially with low-cap altcoins. Traders can jump in and jump off the trade with huge balances in a short time.
Know Your Customer (KYC) process is a part of Anti-Money Laundering rules. To prevent illegal activities, traditional banks and crypto exchanges must verify users' identities.
17 Sep 2022
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