Like any normal trading exchange, we usually see a centralized exchange where one trusts the exchange to hold their money/stocks. However, in DEX you can directly trade your cryptocurrencies with other traders without any company playing middle-man.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs.
