Why Self Custody Matters
Hey Steem fam!
👏🏻👏🏻. Here's a clip from my recent video about Shapeshift explaining why that non custodial platforms are so cool.
I talk about how traditional wallets require you to put your money in a third parties hands - which adds inherent risk. Self custodial wallets like Shapeshift allow you to buy fiat with your bank account or debit card without ever losing control of your funds. You can also trade directly within the platform without ever putting your money on an exchange.
Anyway I think it’s pretty cool and I hope you guys enjoy this little clip and decide to check out the full video!
They are also currently doing a 10 $ETH giveaway every week for new signups. You can check that out here ➡️http://bit.ly/38EDWD6
Watch the full video ➡️
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I was just saying the other day I think its misrepresentation for custodial sites to call their service a wallet, its an account. You have no control over it, you access it via their service, a wallet is something you control
Yes, exactly!