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Saimon
@9cosmos
Decentralized exchanges (DEXs) are rewriting the crypto trading playbook. Unlike centralized exchanges, DEXs operate without a central authority, offering users custody of their funds and greater privacy. They leverage blockchain tech for trustless trading using smart contracts. As DeFi grows, DEXs are becoming more user-friendly, but they still offer unique benefits like anonymity and lower risk of hacks. The evolution continues, promising a future where trading is truly decentralized.
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