What risks are associated with centralized custodial services that can be eliminated by using a DEX?

What are the potential risks linked to centralized custodial services in cryptocurrency transactions that could be mitigated by utilizing a decentralized exchange (DEX)? Specifically, how do DEX platforms address issues such as security, control over assets, and reliance on third-party entities compared to traditional custodial solutions?

#Crypto FAQ

LikeShare