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Home Empowerment The rise of decentralized cryptocurrency exchanges | Forbes

The rise of decentralized cryptocurrency exchanges | Forbes

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The rise of decentralized cryptocurrency exchanges | Forbes

Decentralized cryptocurrency exchanges or DEX are booming and they pose a threat to centralized cryptocurrency exchanges because of their flexibility. Some benefits in trading in DEX include lower fees, lower counterparty risk, global engagement among users, and improved privacy. However, since DEX are still in its pioneering stage, there are also disadvantages of investing in this platform but will remain promising to improve over the years.

Source: https://www.forbes.com/sites/theyec/2020/12/01/the-rise-of-decentralized-cryptocurrency-exchanges/?sh=2fc7d66f16e7