decentralized exchanges

Decentralized Exchange (DEX) in Cryptocurrency

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A decentralized exchange (DEX) in cryptocurrency refers to a peer-to-peer marketplace in which the traders trade cryptos in a non-custodial way. There is no intermediary involved in facilitating the custody and transfer of funds. DEXs substitute intermediaries including payment processors, brokers, banks, as well as other institutions. In addition, blockchains have smart contracts facilitating asset … Read more

Decentralized Finance (DeFi) Projects

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When bitcoin entered the currency space in 2009, so many were caught unawares about how exactly a virtual currency would affect the fiat currency dominance. Fast forward, cryptocurrencies have proliferated and today so many altcoins have emerged alongside the pioneer, bitcoin. At the core of the blockchain technology which anchors cryptocurrencies was a decentralization of … Read more