Crowdfunding campaigns are the modern-day equivalent of pyramid schemes– the way to make a quick buck without paying into an “exit fee” when all is said and done, but with hidden costs associated with it. This has been one area in which many people have fallen victim to these scams over the years: they never invest enough for what can often be a hefty exit fee when you need money fast.

So, if crypto investors really want to avoid pitfalls like that from happening (and more than once), there could be something else that needs addressing before we get into it. For starters, a lack of transparency in how exchanges will handle withdrawals and depositors’ funds is not only unethical, but also illegal in certain jurisdictions. It’s just as easy to do something dishonest to someone who doesn’t know where their money is going or that they might be charged anything for doing so.

Perhaps this brings us back to how we saw DeFi apps dealing with account transfers before getting funded, but with the benefit of being able to see exactly who was sending them payments on time and at no cost to them to ensure that everything was handled properly. It would have been easier even if users were provided with information about fees upfront. But of course, most people don’t bother with that when it comes to using DeFi trading platforms, so now even those with crypto wallets don’t have much of an opportunity to make sure the money being sent out to various DeFi projects is paid for correctly. Plus, it’s just plain wrong to charge an intermediary like Compound Wallet for storing user data.