FOR RETAIL USERS
Your keys, your coins
Centralized exchanges, or exchanges run by a centralized entity,
custody users’ tokens on their behalf into an intermediary account,
and are prone to many attack vectors such as hacks,
government intervention, internal mismanagement, frozen withdrawals,
bank runs, etc. Due to the unfortunate prevalence of these issues with users’
funds on centralized exchanges, the space had adopted a common mantra:
“Not your keys, not your crypto.” This refers to the idea that if you yourself
do not have the literal custody of your funds
(because a third party is looking over them for you),
you can never be completely sure your funds are safe.
As a decentralized exchange, Pizzaswap never has control of users’ funds, nor will they ever in the future. The decentralized nature of it means that we do not rely on a third party or an intermediary account; the users are always in full custody of your their tokens, and can exchange with them at any time, without ever having to jump through any hoops or submit any personal information. Stay in full control of your money.