Decentralized Exchanges (DEX)

Which risk does trading on a DEX remove, compared with a centralized exchange?

• The risk of a fake website asking you to sign something
• The risk of a company holding your coins and freezing, losing or misusing them
• The network fee

When does price impact on an AMM pool get bigger?

• When the network is busy
• When your trade is large compared with the pool's reserves
• When you use a self-custody wallet