Citigroup: Decentralized exchanges have attracted more users

Citigroup’s report states that decentralized cryptocurrency exchanges (DEX) have strengthened their market position. They began to attract more users, as a result, their competition with centralized exchanges (CEX) intensified.
Many Internet users prefer to switch to DEX, because such sites do not require verification, which allows you to maintain anonymity.
DEX is a blockchain application whose users can make transactions with digital currencies based on algorithms and without intermediation from the platform itself.

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