Should you trust a nested exchange.
27 Dec 2021, 10:49
Should you trust a nested exchange?
đź’€A nested exchange has accounts across some of the most popular crypto platforms and lets its customers trade with those accounts through its service.
🌉It is essentially a bridge between users and all of its accounts making them think they’re actually the ones doing all the trading.
People who knowingly use nested exchanges often have other things in mind than simply trading.
Money laundering is among many malicious activities conducted through the utility of nested exchanges. đź’¸
It’s difficult to trace these activities and once you’ve engaged in one of these platforms, you may be categorically placed among bad actors.
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