Blocktechcom

In the world of cryptocurrency, there are two main types of exchanges: decentralized exchanges (DEXs) and centralized exchanges (CEXs). Each type of exchange has its own unique features and advantages, and understanding the differences between them is important for anyone interested in buying, selling, or trading cryptocurrencies. Decentralized exchanges (DEXs) are peer-to-peer (P2P) platforms that allow users to trade cryptocurrencies directly with one another, without the need for a central authority or intermediary.  DEXs are often built on top of blockchain networks, which allows them to offer increased security and anonymity compared to centralized exchanges. Because DEXs do not hold users' funds, they are generally considered to be less vulnerable to hacking or fraud. One of the main advantages of DEXs is that they offer greater control and autonomy to users. Because there is no central authority or intermediary, users are free to trade with one another directly and set their...