What are some potential downsides of DEX?
Riskier coins With the unvetted, vast array of tokens available on most DEXs, there are also a greater number of scams and schemes to be wary of. A token that’s on a hot streak could suddenly be “rug pulled,” when its creator mints a bunch of new tokens, overwhelming the liquidity pool and tanking the value of the coin.
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Disclaimer:
This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to the past performance of an investment does not necessarily guarantee future performance. FxYogi including its analysts shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video.