Could this be a solution for those who want to keep their coins on centralized exchanges ?
https://news.bitcoin.com/arwen-enables-self-custody-for-traders-of-centralized-crypto-exchanges/
"Boston-based startup Arwen (formerly Commonwealth Crypto) announced on Jan. 28 the release of its testnet trading application. The company aims to bring atomic swaps to mainstream cryptocurrency trading with its technology. Using the service, traders can deposit their coins in an onchain escrow
...
This allows them to maintain custody of their coins while trading on a centralized exchange without having to transfer coins to the exchange’s omnibus wallet or their keys to a third-party web server.
...
Arwen also announced it is teaming up with the popular Singapore-based global cryptocurrency exchange Kucoin to offer its customers the possibility of using the new service. In addition to Kucoin, the startup reports being in talks with other exchanges about integrating the protocol. "
https://news.bitcoin.com/arwen-enables-self-custody-for-traders-of-centralized-crypto-exchanges/
"Boston-based startup Arwen (formerly Commonwealth Crypto) announced on Jan. 28 the release of its testnet trading application. The company aims to bring atomic swaps to mainstream cryptocurrency trading with its technology. Using the service, traders can deposit their coins in an onchain escrow
...
This allows them to maintain custody of their coins while trading on a centralized exchange without having to transfer coins to the exchange’s omnibus wallet or their keys to a third-party web server.
...
Arwen also announced it is teaming up with the popular Singapore-based global cryptocurrency exchange Kucoin to offer its customers the possibility of using the new service. In addition to Kucoin, the startup reports being in talks with other exchanges about integrating the protocol. "
Had to dig that one up:
https://www.investopedia.com/terms/a/atomic-swaps.asp
Quote
Simply, atomic swaps require both parties to acknowledge receipt of funds within a specified timeframe using a cryptographic hash function. If one of the involved parties fails to confirm the transaction within the timeframe, then the entire transaction is voided and funds are not exchanged. The latter action helps remove counterparty risk.
Sound familiar?