---
title: Is HootDex a centralized crypto exchange?
description: "#### The answer is NO. #### HootDex is decentralized, members have self-custody of all their digital assets at all times. Members can discover new projects, have exposure to various SynthCryptos, CryptoPairs & FXPairs and get involved with them, all in…"
url: "https://education.hootdex.com/docs/is-hootdex-a-centralized-crypto-exchange/"
updated: "2025-03-19"
category: FAQ
---

# Is HootDex a centralized crypto exchange?

#### The answer is NO.

#### HootDex is decentralized, members have self-custody of all their digital assets at all times. Members can discover new projects, have exposure to various SynthCryptos, CryptoPairs & FXPairs and get involved with them, all in real time. All digital assets featured on HootDex are actual tokens that are created on the layer-1 blockchain network Pecu Novus and every transaction registers on-chain to provide transparency.   Members’ connected digital wallets is what allows for them to discover and get involved with new projects seamlessly while having self-custody, the member controls their digital assets at all times.