What is DEX software development vs. CEX software?

Decentralized exchange (DEX) software development involves creating platforms that allow peer-to-peer (P2P) crypto trading without intermediaries. Unlike centralized exchanges, which store user funds on a single platform and act as a third-party, DEX platforms operate on blockchain technology, enabling users to retain control of their assets via smart contracts. Developers focus on building robust security, liquidity, and trading functionalities to ensure user confidence and transaction efficiency. DEXs are highly valued for privacy, transparency, and decentralization. By using blockchain and smart contracts, DEX software promotes asset security, limits exposure to hacking, and supports trustless transactions, making it a popular choice for crypto trading.
source: www.blockchainappfactory.com/decentralized-exchange-development