Why is everyone talking about decentralized exchanges right now?

[Hadadel]

Guys, I've only recently started learning about cryptocurrency, and I keep coming across the term DEX. I can't understand why decentralized exchanges have become so important and how they are better than regular centralized platforms. Can someone explain in simple terms why they are needed and in what cases it is really worth using them?

[rushenkel]

At first, I didn't understand why decentralized exchanges were necessary, but then it became clearer. Their main advantage is that you have complete control over your money and take less risk than on conventional exchanges. Transactions take place directly between people, without intermediaries. If you want to learn more and see how it works, take a look at this page

[Hadadel]

Yes, that's right. For a beginner, it's best to first understand the basic principles of how decentralized exchanges work, try trading with small amounts, and gradually get used to the process.