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https://bravenewcoin.com/news/the-compelling-case-for-decentralized-crypto-exchanges/
The Cryptocurrency News Group The compelling case for decentralized crypto exchanges  The decentralized nature of digital currency networks is one of the main advantages that cryptocurrencies have over fiat currency, as it eliminates third-party risk. Instead of having to trust a financial intermediary with your finances, you can rely on an immutable transaction ledger that is constantly being audited through the use of cryptographic proofs.