Bought a token through the XRPL DEX last year. Looked fine in the orderbook. Turned out the issuer had global freeze enabled and a 5-day-old account. I had no idea until I checked after the fact. That information existed on-chain the whole time. The DEX just never showed it. Pre-confirmation risk scores aren't a feature request. They're a missing step between "place order" and "lose money.
Lourenço MatalongaShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.