Dex screener

In brief, DEXs aim to offer lower transaction fees, let users directly hold their own assets and avoid some regulatory burdens . On the other hand, they face the cost of compensating their liquidity providers for a special kind of risk called “impermanent loss.” CEXs offer their own advantages too.11 Şub 2022

As of April 2021, there were more than two million DeFi traders, a ten-fold increase from May 2020. Advantages of DEX : High security from hacking There are two reasons that make DEXs more secure than CEXs .

Centralized Exchange (CEX): a type of cryptocurrency exchange that is operated by a company that owns it in a centralized manner. Decentralized Exchange (DEX): a platform for exchanging cryptocurrencies based on functionality programmed on the blockchain (i.e., in smart contracts).16 Kas 2021