#CEXvsDEX101 Advantages of DEX
✅Users control assets: No need to deposit funds on the exchange, assets are always in the user's personal wallet.
✅High security: Due to no central point, DEX is harder to hack than CEX.
✅No KYC required: Users can trade anonymously without providing personal information.
✅Not controlled by regulatory agencies: DEX operates on the blockchain, difficult to be shut down by the government or regulatory agency