#PowellRemarks THE MAIN DIFFERENCE BETWEEN AN EXCHANGE AND DEX+ COMES DOWN TO CENTRALIZATION, CONTROL, AND FEATURES. HERE'S A BREAKDOWN:
1. Exchange (Traditional/Centralized Exchange - CEX)
Centralized: Controlled by a company or entity (e.g., Binance ($BNB ), Coinbase).
Custodial: You deposit funds into the exchange; they control your private keys.
KYC Required: Usually require identity verification.
More Features: Often have advanced trading tools, fiat on/off ramps, staking, margin, etc.
