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Probably the main differences are that Swan is Bitcoin-only, doesn't offer yield products, and likely isn't guilty of insider trading and market manipulation.

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Well for starters isnt Swan Bitcoin only?

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Yes, i believe so.

Still custodial (when I tried to help my friend to move his funds out of there it got blocked and took almost a week)

Still reports KYC etc.

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Yeah, what orthwyrm said.

He focused on CZ's extracurricular activities, which have little to do with the normal functioning of a regular exchange.

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