Hello everyone! Today for the 100-day challenge in the crypto circle, let's talk about decentralized exchanges (DEX), which are a key component of the cryptocurrency ecosystem. DEX differs from traditional centralized exchanges (CEX) in that it allows transactions to be completed without intermediaries, achieving more autonomous and secure asset management. So, what is a decentralized exchange? How does it work? Let's find out today!
Free stalls in the market 🛍️
Imagine a big market where anyone can set up a stall to trade directly, without needing a manager to assign locations or collect fees. DEX is such a trading environment, where users trade directly peer-to-peer (P2P) and fully retain control over their assets.