RE: LeoThread 2025-06-07 17:59
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Number Three
- Enhanced Privacy: Most DEXs do not require identity verification (KYC), offering greater anonymity and privacy for users.
Censorship Resistance: Because DEXs operate on decentralized blockchain networks, they are more resistant to single points of failure, shutdowns, or censorship by authorities.
Broader Token Availability: DEXs often list a wider variety of tokens, including newer or smaller projects that might not be available on centralized platforms.
Transparency: All transactions on a DEX are recorded on a public blockchain, making them verifiable and auditable, fostering greater trust.
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