Re: Decentralized and centralized cryptocurrency exchange

Decentralized cryptocurrency exchanges (DEXs) offer greater privacy, security, transparency, and accessibility compared to centralized exchanges (CEXs). DEXs operate on a decentralized blockchain network, allowing for peer-to-peer transactions without a central authority controlling the exchange. This reduces the risk of hacks, insider trading, and market manipulation. Additionally, DEXs are accessible to anyone with an internet connection, regardless of their location or financial status. Tweet