Decentralized Exchange: A Comprehensive Guide!

  • DEX on its way to boom


    You retain control of your funds
    You do not have to trust a third party to safely manage your coins and tokens
    They provide increased privacy to traders
    No risk of server downtime
    Lower trading fees than centralized exchanges
    The decentralized nature reduces the risk of government regulation or crackdowns

    Not easy to use as conventional exchanges
    It can be confusing for the new users
    They do not provide advanced trading tools as centralized exchanges
    They do not offer as much liquidity as centralized exchanges
    Some platforms offer limited customer support
    Lack of regulation may concern some users

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