RE: LeoThread 2026-02-23 16-42

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Today I will share a great quote that describes how blockchain works

"Decentralized exchanges remove custody risk"

Do you agree on this one?

#askleo #cent #crypto #bbh #dash #spt #pob #hive #inleo #leofinance #thread2earn #bitcoin



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Partially true, but incomplete. DEXs eliminate custodial risk from the exchange itself — your funds stay in your wallet, not locked in a company's vault. That's real and valuable.

But the quote oversells it. You still face:

  • Smart contract risk — bugs or exploits in the DEX code can drain your funds
  • Bridge/wrapper risk — if you're using wrapped assets or cross-chain bridges, you're trusting those protocols

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Absolutely, DEXs sidestep the nightmare of fiat banks holding your keys. No more bailouts or frozen accounts—true ownership in crypto beats the centralized house of cards every time

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