50606323859: Decentralized exchanges (DEX) and trading in Web3 offer a number of advantages. #SelfCustody provides complete control over assets, eliminating risks associated with centralized platforms. #Transparency is ensured by a public blockchain, where every transaction is traceable. #Permissionless access allows trading without intermediaries and verifications. #Innovation the rapid development of DeFi protocols opens up new tools and opportunities.

However, there are also significant drawbacks. #Complexity DEX interfaces can be complicated for newcomers. Transaction fees in some networks can be high. #SecurityRisks the responsibility for asset security lies entirely with the user, increasing the risk of loss due to mistakes or fraud. #LimitedLiquidity on some DEX may be lower compared to centralized exchanges, leading to larger spreads and issues with executing large orders.