Cryptocurrency Q&A What is dex used for?

What is dex used for?

Alessandra Alessandra Mon Sep 23 2024 | 7 answers 1435
Could you please elaborate on the purpose and functionality of decentralized exchanges, or DEXs, in the cryptocurrency ecosystem? How do they differ from traditional, centralized exchanges, and what benefits do they offer to users? Additionally, what are some of the challenges or limitations that DEXs currently face? What is dex used for?

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