**How to protect yourself against a CEX dysfunction?**
This article from iux.com explains how users can protect themselves from centralized exchange (CEX) dysfunction by exercising due diligence, self-custody, and monitoring on-chain data. It highlights the inherent counterparty risks in digital asset markets and outlines methods for mitigating exposure during exchange disruptions. The piece uses ZondaCrypto (formerly BitBay) as a case study, detailing withdrawal frictions and declining reserves while also mentioning transparency measures like Proof-of-Reserves by other exchanges such as Bitget and Kraken.












