Decentralized Exchanges (DEXs) are becoming an increasingly popular alternative to traditional centralized exchanges, offering more privacy, security, and control over funds. On a DEX, users can trade directly from their wallets, without the need to entrust their assets to a third party. This decentralized approach reduces the risk of hacks and censorship, giving users more freedom in managing their trades.

For investors, DEXs open up opportunities to trade lesser-known altcoins and participate in decentralized finance (DeFi) without intermediaries. However, it's important to be aware of potential challenges such as lower liquidity and the lack of customer support compared to centralized exchanges.

At Add-Investing.com, we provide guidance on using DEXs effectively, helping you navigate this fast-evolving space safely and profitably.