TLDR
CEX operators have been seeking ways to ensure that the funds that have been entrusted to them are safe. One of the largest exchanges in the world, Coinbase, use a large quantity of cold wallet to safeguard user’s assets. Decentralized Exchanges (CEX) have become a viable alternative to centralized exchanges where users have full control of their digital assets. The act of moving cryptocurrencies offline means that there is no way to access them online. The point of having private keys offline is to ensure no other person or any entity has access to them except the rightful owners.via the TL;DR App
no story
Written by Ankarlie | Blockchain Enthusiast
