#CEXvsDEX101 The final impression on the CEXvsDEX debate shows that decentralized exchanges have a long way to go. Obviously, decentralized exchanges have become a simpler alternative to centralized exchanges. For example, KYC verification is not required, nor is there the pressure of trusting the exchange with control of the crypto assets. However, the advantages of decentralized exchanges also come with some disadvantages, such as the lack of trust from institutional investors.

On the other hand, centralized exchanges offer greater ease of use thanks to their flexible user interface designs. Currently, they are the first access point for those looking to explore the world of cryptocurrencies. However, decentralized exchanges have the potential to transform the future of ownership and trading of cryptocurrencies.

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