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Series 80 Decentralized Crypto: Exchanges & Wallets Explained
Series 80 explains the concepts of decentralized exchanges (DEXs) and decentralized wallets within the cryptocurrency ecosystem. It highlights that DEXs enable direct peer-to-peer cryptocurrency trading without a central authority, emphasizing user control over funds and privacy. And clarifying decentralized wallets, also known as non-custodial wallets, give users sole control of their private keys, thus ensuring complete ownership and security of their digital assets. Ultimately, the text defines these tools as crucial components for trading and storing crypto with full user autonomy, distinct from traditional centralized platforms. The included disclaimer reminds readers that this information is for educational purposes only and not financial advice.
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