While decentralized exchanges have many advantages, they also come with some challenges. One challenge is that they can be harder to use than centralized exchanges, as they often lack features such as user-friendly interfaces and customer support. Another challenge is that thanks to blockchain technology, we are moving toward a trustless economy, with no need for third parties to exchange goods. Yet today’s digital currency exchanges are centralized. They have proven to be vulnerable to hacks, react poorly to unusual blockchain events like hard forks, and often run with a high regulatory risk. Centralized exchanges keep their systems off-chain, meaning
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