Decentralized Exchanges Vs Centralized Exchanges

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Decentralized Exchanges Vs Centralized Exchanges

Recently, we heard a lot of issues about centralized exchange especially the China crackdown on some centralized exchanges like they have this law for people of China about restricted to have activities on most the centralized exchanges.
And here’s the decentralized exchanges starting to make some noise, and I always heard dydx exchange, serum, uniswap, etc.

So, as traders. For you, what is/are the advantage is disadvantages of using decentralized exchange over centralized exchange these days?

Binura lanka Thilakeratne Answered question July 29, 2024
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China prepared and implemented regulations to help their e-yuan gets as best launch as possible. However, the regulations can not prevent Chinese to get more exposure to cryptocurrency and use it in their lives.

When their e-yuan gets enough success, I think they will allow crypto exchanges to operate in China mainland again.

Sashitha ilepperuma Answered question July 29, 2024
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