Discover the pros and cons of audited and community-backed tokens, and make the right choice for you.
Points to consider:
Audited Tokens: Generally have more security and are more reliable, but may be subject to greater scrutiny by the entities that audit and list them.
Community Tokens: These can offer more freedom and decentralization, but they can also have more security risks and less support.
Control and Decentralization
Control: Tokens listed on large exchanges can be more easily monitored and controlled, which can be seen as a form of centralization.
Decentralization: Community tokens tend to be more decentralized, but this can also mean less regulation and greater risk.
Each token type has its pros and cons, and the choice between them largely depends on what you value more: security and reliability or freedom and decentralization.
