Decentralization has been the key driving force of cryptocurrency since inception. This in my opinion is the attraction point for mass adoption, most especially being an alternative to centralization.

Those who use centralized exchanges, whether regulated or not, do not have any anonymity, because their personal details are being submitted.
For security purpose, a lot of crypto enthusiasts are also being careful of giving out their details to scammers, even while using exchanges.
Little do i wonder, even Binance, the world's largest cryptocurrency excahange, who knows the importance of decentralization in the crypto space, had to reveal the release of its most anticipated   Binance DEX.
Also, due to some reasons, such as the hack of centralized exchanges, lost of funds and users not having full control over their funds, more users might switch over to the use of decentralized exchanges. Which is now evident, seeing so many projects considering listing on decentralized exchanges.

This has then spurred me to give a list of some reputable decentralized exchanges that are presently operational in the crypto space, but before that, i would explain what decentralized exchange is and state some of its advantages and disadvantages.



DISCLAIMER:: The information provided in this thread is meant to help those who might be in need of information as regards the topic of discussion. It is never meant to be an investment advise. So, you should ensure you have also done your own research before use. Therefore, the author will not be liable to any loss of funds or assets in the cause of use.

UPDATE IN PROGRESS...