Crypto

Centralized Crypto Money Stocks: Is it enough to keep investors safe?

Bitcoin's "center" of the purpose-oriented currencies was lifted. However, even if crypto-currencies are not centralized, a significant part of the crypto-money exchanges are centralized.

In 2016, Bitfinex was attacked with a value of $ 70 million, and in 2017 BTC-e suddenly closed and investors lost their money. At the same time, thanks to ICOs and the Chinese case, which forbids cryptographic exchange exchanges, the importance of legal regulations also emerged. Various crypto wallets, such as the hacked MyEtherWallet, also pose a security problem and those who are harmful to these problems become ordinary investors.

Today, there are already several crypto money banks and cards that support crypto money. However, it is also true that a significant portion of the world's financial companies are still not very modest in crypto money companies.

There are major decentralized cryptographic exchanges seeking to solve all of this. In these stock markets, users are able to exchange direct crypto money and are not under the supervision of a third party. However, these stock exchanges are still not able to make any significant progress in crypto-currency conversion. There are also serious differences between the central and non-centralized stock markets in terms of ease of use.

But it is precisely the decentralized P2P (peer-to-peer) that you can get rid of a nominal money problem, which we see in the StreamDesk stock market, which Streamity creates. All that investors need to do is visit a site or mobile application, create an account and instantly start buying and selling crypto.

It is enough for the users of the stock market to enter the Blockchain address used by the system once, and the system automatically records this address. It is not necessary to visit a third party to check out the bakery or transfer the crypto money. In addition, users 'crypto money is held in the users' own wallets, not the service itself, which gives them a serious security advantage.

Another way of securing users is, of course, KYC (customer identification) procedures. In these procedures, the identities of the users are defined by means of certain personal identities. This procedure protects stock market users from various frauds and through this procedure the stock market is considered 'legitimate' in the eyes of legal regulators.

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