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Bitcoin, Ethereum, DeFi, NFTs, and gaming are dominating crypto and blockchain discourses. Decentralized exchanges or DEXes allow the swapping of tokens via a non-custodial wallet like MetaMask or Formatic. Centralized exchanges allow the seamless flow of funds from the traditional to the crypto world. According to CMC, there are over 400 exchanges—DEXes and CEXes—to choose from. Each type exists to meet a specific demand.