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Author: Admin | 2025-04-28
Have grown to be a massive part of the crypto trading scene. Thanks to their non-custodial nature, your funds are never put in danger during trading. The trades are instant, and everything is done through smart contracts. With that being said, even the best decentralized exchanges have their downsides. This is why it's essential to research any platform before you begin to use it. FAQsWhich is the best decentralized exchange?Each DEX has its pros and cons, so none can be described as the best. It all depends on what qualities are more important to each trader.What is the biggest DEX?The largest DEX in the crypto industry is Ethereum-based Uniswap. Uniswap has the largest trading volume, the metric we used to decide the largest DEX.Is Binance a decentralized exchange?Binance is not a decentralized exchange. Quite the opposite, it is a fully-centralized crypto exchange, with custody and other services offered by similar platforms.Is Coinbase a decentralized exchange?No, Coinbase is not a DEX either. Like Binance, Coinbase is also a regulated, centralized platform. It is the largest regulated exchange in the US.
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