Explore how decentralized exchanges (DEXs) work, why they matter, and how they compare with CEXs. A complete guide to trustless trading
Decentralized Exchanges (DEX)
Understanding the types of crypto exchanges is essential for anyone getting started in cryptocurrency. Each type offers unique features, benefits, and risks — and choosing the right one can greatly impact your trading experience. In this guide, we explore the four major types of crypto exchange platforms: Centralized Exchanges (CEX), Decentralized Exchanges (DEX), Hybrid Exchanges,…