The Failure Of Centralized Crypto Exchanges - #548

By Scott Cunningham | Tech And Things | 25 Jul 2023


Welcome to today's episode! As a crypto enthusiast myself, I have some personal insights I want to share with you all. Specifically, I want to delve into the world of centralized cryptocurrency exchanges and KYC requirements, discussing why these might not be the best choice for your crypto journey.

or listen at https://open.spotify.com/show/0BanvC57XgA9Qz9HYfuePm 

This episode reveals the shocking failures and controversies of some major centralized crypto exchanges, such as the infamous MtGox hack and the Binance scandal. We'll discuss what happened, why, and the lessons we can learn from these incidents. I'll also explain why you might want to steer clear of KYC (Know Your Customer) procedures.

 

But don't worry; it's not all about the pitfalls! I'm also excited to share with you my top picks for decentralized exchanges and some reliable swap exchanges. I genuinely believe these are where your investment opportunities lie.

 

And that's not all. In this episode, I also uncover various decentralized methods for buying crypto. This is about empowering you with more opportunities and options in the crypto sphere.

 

However, exchanges that don't require KYC might not be available in all countries. It's always crucial to do your research before jumping in. So join me as we navigate crypto's fascinating, sometimes complicated, yet fascinating world. Let's keep it decentralized!

 

This was sponsored by ApexOne. You can sign up for ApexOne.AI via my link here: https://apexone.ai/en/invite/RQZXYCNBVS #Apexoneai #Apexone #Apex

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Scott Cunningham
Scott Cunningham

Host of Crypto & Things. Sharing my vision of the emerging #Web3 landscape & how we can successfully navigate the digital transformation with #AI & #blockchain. Links: http://www.scottcbusiness.com/


Tech And Things
Tech And Things

I am the host of Tech & Things and a social media blockchain enthusiast using what I believe to be the next level of social communication. Join me as I share my vision of the emerging Web 3.0 landscape and how we can successfully navigate the digital transformation of AI & blockchain technologies. Links: http://www.scottcbusiness.com/

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