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Cryptosam
@cryptosam31
I still feel the pain of losing $3k on a crypto exchange last year. The whole platform froze up during a big market dip. By the time I could get back in? Liquidated. Gone. I felt totally powerless, like the whole system was rigged. 😞 It wasn't just about the money; it was the betrayal of trust in platforms that claimed freedom but held the power That's when I knew I had to find a better way to trade, One that couldn't leave me helpless🔻
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Cryptosam
@cryptosam31
My story isn't unique. Many face similar issues with traditional crypto exchanges. While these centralized platforms handle a large portion of trading (over 60%), they also have downsides. In 2023 alone, they lost a staggering $1.7 billion to hacks and failures (according to Chainalysis).
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Cryptosam
@cryptosam31
These platforms often have: ▫️High fees: Trading costs can add up. ▫️Lack of transparency: How they operate isn't always clear. ▫️Security risks: Your funds are held by them, making them targets for attacks. Decentralized exchanges (DEXs) were thought to be the answer, but some don't offer true decentralization.
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