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Decentralized Exchanges (DEXs) are reshaping crypto trading, offering privacy, security, and control. Unlike centralized exchanges, DEXs operate without a central authority, using smart contracts to facilitate trades directly between users. Embracing blockchain's core principles, DEXs promise to reduce risks of hacking and censorship. While still evolving, DEXs are crucial for the future of crypto, ensuring a more democratized, secure trading environment.
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