This means that a middleman (such as a central exchange) is in control of the keys to your crypto holdings.

A wallet on a centralized exchange does not truly belong to the account holder.

When withdrawals are paused, as they were by FTX in November 2022, users can lose access to their crypto if the platform does not survive.

Crypto wallets (such as MetaMask) allow users to take complete control and custody of the crypto they own, rather than relying on a third party such as crypto.com.

Always do your own research and stop by our Telegram chat at https://t.me/skewcryptovaults