When it comes to trading cryptocurrencies, one of the biggest considerations for many investors is security. The crypto world has seen numerous hacks and scams, leading many to question whether their assets are safe when they trade on a crypto exchange. With two main types of crypto exchanges available, decentralized exchanges (DEXs) and centralized exchanges (CEXs), it can be difficult to know which type of exchange offers better security for your crypto assets.

Centralized exchanges are traditional crypto exchanges that act as intermediaries between buyers and sellers. They hold users’ assets on behalf of the users and match their orders to execute trades. However, centralized exchanges have been the target of numerous hacks, resulting in the loss of billions of dollars in cryptocurrency. This is because centralized exchanges have a single point of failure, making them vulnerable to attacks.

On the other hand, decentralized exchanges operate on blockchain technology, which allows for peer-to-peer trading without intermediaries. This means that users have control over their assets and do not have to entrust them to a third party. With no central point of control or storage, DEXs are considered to be more secure than centralized exchanges.

One example of a secure DEX is MetaTdex. MetaTdex operates on the Ethereum blockchain and uses smart contracts to facilitate trades. This means that users have complete control over their assets and are not dependent on a central authority. Moreover, MetaTdex uses cutting-edge security protocols, such as multi-signature wallets, to ensure that assets are protected.

In conclusion, while both centralized and decentralized exchanges have their pros and cons, it is widely agreed that decentralized exchanges offer better security for users' assets. By removing intermediaries and relying on blockchain technology, DEXs such as MetaTdex offer a more secure way to trade cryptocurrency. With MetaTdex, users have complete control over their assets and can trade with peace of mind, knowing that their assets are safe.

Long story short, centralized is controlled by a company, decentralized is public and controlled by one single entity.

Relaz, I'm not that smart, got the info here: https://blog.bitmama.io/centralized-and-decentralized-cryptocurrencies/

Both Centralized and Decentralized exchange has their advantages and disadvantages - https://www.decentrajoint.com/

However, you should note that, decentralization ensures transparency, and with the current Blockchain Technology drive, we might see a lot of decentralized exchanges springing up soon.