Category: 2. Decentralised Crypto Exchanges : DEX Explained

Here are brief answers to some common DEX questions. How many decentralized exchanges are there? There are hundreds! Ethereum has the most active DEXs with the most users and the highest liquidity such as Uniswap and SushiSwap, but Binance Smart Chain’s Pancakeswap is one of the biggest DEXs while Polygon’s AnySwap is also gaining traction.… Continue reading Decentralized Crypto Exchanges FAQ

There are many popular DEXs around and many blockchain networks with their own DEXs so choosing the best one depends on your requirements. As a rule of thumb, you want a DEX with high liquidity so you can easily trade at the amount you want. You also want an established DEX to ensure you’re not… Continue reading Some of the best DEXs and how to use them

Despite their growth in terms of user numbers and trading volume, DEXs have some distance to cover before they can meet the adoption rates of CEXs. Nevertheless, it’s important to understand why they are important to the crypto ecosystem. More security and control over your assets | But more responsibility As we discussed previously, the… Continue reading DEX vs CEX: Pros, Cons and why DEXs are important

After its launch in 2013, the Ethereum smart contract blockchain emerged as a useful platform to develop and deploy so-called decentralized applications or dApps as the concept of open applications operating atop blockchain took hold. Among the early use cases for this was the idea of a crypto exchange that would allow users to trade… Continue reading History and Types of decentralised exchanges

A decentralised exchange (DEX) is a type of cryptocurrency exchange where users can conduct financial transactions involving the trade of digital assets online directly with each other (or peer-to-peer). This is different from the most common way of trading crypto, whereby users sign up to an exchange and place their buy or sell orders, allowing… Continue reading How a decentralized crypto exchange (DEX) works

A decentralised exchange (DEX) is an increasingly popular method to trade cryptocurrencies. Unlike a traditional or centralised exchange (CEX), a DEX does not have a company or intermediary settling trades between buyers and sellers. Instead, a DEX uses software and coding to automatically match buyers and sellers and finalise the peer-to-peer (p2p) exchange transaction. At… Continue reading Decentralised Crypto Exchanges? DEX Explained: