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Centralized Exchange (CEX) users lose custody of their assets. Newdex DEX allows you to create a free non-custodial wallet by creating your own private wallet. This is in direct contrast to CEX wallets which were automatically generated for the depositors by CEX operators. Unlike CEX, DEXs require private personal wallets where users alone have access to the private keys. This creates a truly transparent, frictionless, censorship-free and most secure way of making trades.