They are the same as any exchange regarding how it works, the only difference is the don’t do shitcoins & don’t have a sell option. That’s basically it 😆

The one thing that is hard to find elsewhere (which I don’t understand why this isn’t more common) is the automatic withdrawals.

Otherwise the banking & custodian side of the entire industry is horribly centralized with extremely few options. There was a great piece I covered like 3ish years ago (I’m gonna try and find it) about how bad the chokepoints are with how everyone uses like the same 2 banks and custodians.

Swan isn’t super special in either direction. They just took out the shitcoins, the trading, and the charts to offer something simple for people who only want to stack. nostr:note14trn5350ldpuj5e3t3jsunfar2zjqt2h4h5tsss0547k5cjwg7kqjdzjuw