Cryptocurrency Q&A
Is it safe to leave money in a DeFi wallet?
Is it safe to leave money in a DeFi wallet?
CryptoNinja
Sat Nov 16 2024
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7 answers
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I'm considering leaving some money in a DeFi wallet, but I'm not sure if it's safe. I've heard about the risks involved with decentralized finance, and I want to know if my funds will be secure in such a wallet.
7 answers
Alessandra
Mon Nov 18 2024
In a non-custodial setup, users maintain complete authority.
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BonsaiGrace
Mon Nov 18 2024
They have unrestricted access to their private keys.
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Giulia
Mon Nov 18 2024
Fund management is entirely within the user's discretion.
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henry_grayson_lawyer
Mon Nov 18 2024
DeFi wallets are widely regarded as exceptionally secure.
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amelia_doe_explorer
Mon Nov 18 2024
This eliminates the need for third-party intermediaries.
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