Security

The decentralized exchange (DEX) on the Eontribe platform offers a higher level of security for its users compared to traditional centralized exchanges. One of the main advantages is that DEX operates on a blockchain network, which is inherently more secure than a centralized server. The decentralized architecture of DEX eliminates the risk of a single point of failure and significantly complicates the task of hackers attempting to steal user assets.

Another advantage of DEX is the use of smart contracts, which automate the trading process and ensure that all transactions are executed according to pre-defined rules. Smart contracts also provide a higher level of transparency and trust, as they are publicly accessible on the blockchain and can be verified by anyone.

In addition, DEX provides users with full control over their assets. Users own their private keys, which are necessary to access their assets on DEX. This eliminates the risk of a centralized organization storing and potentially mismanaging user assets.