What are Decentralised Exchanges? Crypto DEXs vs centralised exchanges, UniSwap and more, explained in simple terms

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For users of crypto exchanges like WazirX, CoinDCX, Binance, Coinbase etc, it is mandatory to sign up with an email, create a password, verify the account, and perhaps even go through a KYC process. As these crypto exchanges are centralised - just like banks, private enterprises or government bodies - they collect and store information about their users. Decentralised Exchanges…
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