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For crypto traders who prioritize self-custody, security, and peer-to-peer trading, Elbaite can be an option to consider. The Australian cryptocurrency exchange operates on a non-custodial model, allowing users to trade directly from their own crypto wallets. By embracing this approach, Elbaite not only aims to provide a safer trading environment but also offers cost-effectiveness and efficiency. Elbaite’s inception steps from the personal experiences of founders Morty and Samira Tollo, who encountered exchange hacks and other issues when using centralized exchanges. They created Elbaite peer-to-peer exchange that allows users to retain custody, that is, self-custody of their assets throughout their trading experience. As a platform built by traders for traders, Elbaite prioritizes user empowerment by providing a range of features, robust security as well as a user-friendly experience. Let’s explore the features, pros and cons of the Elbaite P2P crypto exchange. History and b...

One of the most notable results of self-custody is that it tends to decrease circulation, which in turn reduces the market cap. There is no way to measure the amount of Bitcoin (BTC) that is being sent to self -custody wallets so far, according to one industry executive. Amid the ongoing FUD over lawsuits against major cryptocurrency exchanges, investors have been increasingly offloading their Bitcoin from crypto trading platforms. As of mid-June, Bitcoin’s exchange supply fell to its lowest level since February 2018, according to data from the crypto intelligence platform Santiment. The massive exchange outflows have been triggered by the growth of self-custody fueled by uncertainty around Binance and Coinbase, Santiment said. BTC supply on exchanges since June 2017. Source: Santiment The growing self -custody trend has a massive impact on cryptocurrency markets, Santiment’s head of marketing Brian Quinlivan told Cointelegraph on June 15. One of the most notable results of self -c...