Decentralised exchanges (DEXs) have reshaped how investors approach crypto trading and strategy development. Unlike centralised platforms, DEXs operate on blockchain networks without intermediaries, allowing users to trade directly from their wallets. This independence influences several aspects of investment planning.

One major impact is greater control and security. Since users retain custody of their assets, the risk of exchange hacks or frozen accounts is significantly lower. This encourages long-term investors to integrate DEXs into their strategies, especially those prioritising privacy and asset ownership.

DEXs also provide access to a wider range of tokens, including newly launched or lesser-known projects not yet listed on major exchanges. This opens opportunities for early investments, though it also demands careful research due to higher risks of scams or illiquidity.

For active traders, DEXs introduce unique liquidity dynamics. Prices can vary across platforms, creating arbitrage opportunities for those who monitor multiple exchanges. However, liquidity can fluctuate, so investors must factor in slippage and transaction fees when planning entries and exits.

Additionally, the rise of DeFi-based tools like yield farming and liquidity provision enables investors to earn passive income while holding tokens. These options diversify traditional buy-and-hold strategies, blending trading with decentralised finance participation. Overall, DEXs offer flexibility but require informed, cautious strategy adjustments.