As the number of crypto tokens increases, so does the need to convert and redeem crypto tokens. About centralized exchange we have knowed a lot, and can anybody tell me something about decentralized exchange? and What are the benefits of a decentralized exchange?
When you do talk about dex then it is peer to peer trading transaction which means no one does hold out of your funds unlike on using typical exchange
where they do held off funds and as a user you do store up your tokens/coins on an exchange wallet which you don't possess the keys and that's the risk actually.