06-08-2020, 10:01 AM
A Decentralised Exchange without hot wallets. What's the catch?
<!-- SC_OFF --><div class="md"><p>Hi, I have an old school friend that has been involved with a project for about 3 years now. It's a <a href="https://www.deversifi.com/">decentralised ethereum exchange called Deversifi</a> that allows you to send and trade directly from your private wallet without having the exhange holding anything in hot wallets. </p> <p>From comments over time made on social media, this has been in the works for years so I am confident it's not just a scam. It looks interesting, improves user security and makes it easy to trade. So what's the catch? I've learned to become skeptical of anything that looks like its a big improvement. Also, I'm in no way involved in the project just looking for some insight from more experienced people.</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hi, I have an old school friend that has been involved with a project for about 3 years now. It's a <a href="https://www.deversifi.com/">decentralised ethereum exchange called Deversifi</a> that allows you to send and trade directly from your private wallet without having the exhange holding anything in hot wallets. </p> <p>From comments over time made on social media, this has been in the works for years so I am confident it's not just a scam. It looks interesting, improves user security and makes it easy to trade. So what's the catch? I've learned to become skeptical of anything that looks like its a big improvement. Also, I'm in no way involved in the project just looking for some insight from more experienced people.</p> </div><!-- SC_ON --> Kind Regards R