Tech

Paxful CEO'su kişisel gözetimi teşvik ediyor ve kullanıcıları CEX'lerden uzak durmaları konusunda uyarıyor

12/12/2022
Bitcoin Ethereum Haberleri
  • CEO and co-founder of Paxful, Ray Youssef, working on delisting CEXes from the platform
  • CEXes have had a bad year and multiple crypto firms have collapsed

Centralized crypto exchanges around the world are still reeling from the fallout of FTX’s collapse. As a result, investors and traders have exercised caution with their funds on these exchanges. The suspension of withdrawals on several crypto platforms further put a bad light on the broader crypto industry. 

Take your crypto off exchanges, including Paxful

Ray Youssef, the founder and CEO of the New York-based peer-to-peer crypto platform Paxful, yineledi the importance of self-custody on 11 December. He stressed that the current climate of FUD in the crypto market has made self-custody the best way to ensure the safety of one’s crypto assets. 

Resim

Paxful’s chief did not count out his own platform while asking users to be careful and move their Bitcoin [BTC] off exchanges. He said, 

“Benim tek sorumluluğum size yardım etmek ve hizmet etmektir. Bu yüzden bugün tüm [Paxful] kullanıcılarımıza Bitcoin'lerinizi kendi gözetimine almaları için mesaj gönderiyorum. Tasarruflarınızı Paxful'da ya da herhangi bir borsada tutmamalı, yalnızca burada işlem yaptığınız şeyleri tutmalısınız.”

Ray Youssef further assured his users that the conduct of Paxful was not like “others in the industry”, meaning that his platform did not use customer funds for lending or any other purposes. The platform is also reportedly working on delisting Ethereum [ETH] yakında. 

The need for Proof-of-Reserves

Stakeholders in the crypto industry have developed a distrust for centralized platforms this year. Users are no longer sure about the safety of their funds, since platforms halt withdrawals amid precarious financial situations. This was the case with several platforms, including Celsius, BlockFi, and FTX. 

To address this issue, exchanges have published their Proof-of-Reserves, which outlined the assets held by them. This reassured customers that the platform is indeed solvent and their funds are safe. The need for PoR grew significantly following FTX’s downfall. Paxful revealed its proof-of-reserve back in 2020, and popular exchanges like Binance, ByBit, and Kraken takip edilen takım 2022 yılında. 

Source: https://ambcrypto.com/paxful-ceo-promotes-self-custody-warns-users-to-stay-away-from-cexes/