How Secure Are Decentralized Exchanges Compared to Centralized Exchanges in Practice?
Decentralized exchanges (DEXs) provide robust security features through their non-custodial frameworks, which do not rely on a centralized system, as well as smart contracts that cannot be changed, unlike centralized exchanges (CEXs) which contain centralized honeypots which can be a target for hackers. However, in practice, DEXs do face issues with vulnerabilities in coding, as...
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