Are decentralized exchanges tracking your trades?
December 22, 2021, 4:29PM EST · 7 min read
- Decentralized exchanges are often seen as a privacy-first alternative to centralized exchanges.
- Yet many of the biggest ones are tracking what trades their users are making and collecting data that could be used to identify them.
While decentralized exchanges don’t ask for KYC, they can still closely monitor your cryptocurrency transactions.