kaal:claim:3936876-037

While the majority of cryptocurrency spot exchanges require ownership to be surrendered in order to transact, decentralized exchanges introduce the ability for users to transact without exposing their private keys to vulnerability.

Source quote, verbatim

While the majority of cryptocurrency spot exchanges require ownership to be surrendered in order to transact, DEXs are introducing the ability for users to transact without exposing private keys to vulnerability.

From

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021), IV. Conclusion, p. 32
https://ssrn.com/abstract=3936876 · source PDF

Cite as

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

Holds when

comparison of centralized spot exchanges with DEXs

Classification

mechanismsupport: argueddecentralizationdefi

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