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Answer: less likely to be regulated and less vulnerable to cyberattacks.
**Explanation:** Decentralized exchanges (DEXs) operate on a distributed platform without a central authority, making them inherently less susceptible to cyberattacks. If one node in the network is compromised, the exchange remains functional due to the redundancy of other nodes. This distributed nature also makes DEXs difficult to regulate, as no single entity controls the system, allowing users to transact with minimal regulatory oversight. In contrast, centralized exchanges (CEXs) rely on private servers, creating a single point of failure. If these servers are hacked, the entire system can be disrupted, exposing sensitive user data. Additionally, CEXs are more likely to face regulatory scrutiny, as they operate under centralized control and are often classified as financial intermediaries in certain jurisdictions. Thus, the correct answer is **A**: decentralized exchanges are less likely to be regulated and less vulnerable to cyberattacks.
Author: LeetQuiz Editorial Team
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Compared to centralized cryptocurrency exchanges, decentralized exchanges are:
A
less likely to be regulated and less vulnerable to cyberattacks.
B
less likely to be regulated but more vulnerable to cyberattacks.
C
more likely to be regulated but less vulnerable to cyberattacks.
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