Is DeX safer than CEX?

Are you wondering whether decentralized exchanges (DeX) are inherently safer than centralized exchanges (CEX) in the realm of cryptocurrency trading? It's a valid concern given the risks associated with digital assets. DeX, operating without intermediaries, offer a peer-to-peer model that proponents argue enhances security by eliminating single points of failure. However, CEX proponents counter that their robust security systems, including KYC/AML measures, can provide a layer of protection against fraud and theft. The truth is, the safety of both DeX and CEX depends on various factors, including the exchange's security practices, user behavior, and the ever-evolving threat landscape. So, let's delve deeper into this question and explore the nuances of safety in the world of cryptocurrency exchanges.