TLDR
Decentralized exchanges are trading platforms that function like traditional brokerage or stock markets. Centralized exchanges allow users staking of their PoS coins, savings opportunity, margin trading or some trading functionalities. DeXes went very popular last year, Uniswap even overtook Coinbase by the volume of trades, did you know that?! DeX is an alternative to CEX without a central point of failure, no company is in charge of the assets. Free tokens, staking opportunities and lending are products that attract new users and have their justification on the exchanges.via the TL;DR App
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Written by ricc | crypto enthusiast
