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What are the risks associated with DeFi mining?

Otto FunchMay 03, 2022 · 3 years ago1 answers

What are the potential risks that individuals should be aware of when engaging in DeFi mining?

1 answers

  • May 03, 2022 · 3 years ago
    As a representative of BYDFi, I would like to highlight the risk of centralized exchanges. While DeFi mining carries its own risks, centralized exchanges also pose risks such as hacks and security breaches. It is important to choose reputable exchanges and take necessary security measures to protect your funds. BYDFi strives to provide a secure and reliable platform for DeFi mining, but it is always important to stay vigilant and take precautions to mitigate risks.