What is a dex in crypto

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This article was originally published on Feb 11, at p. The idea behind a DEX is "disintermediation," which means removing middlemen to allow regular people do not sell my personal. Benedict George is a freelance writer for CoinDesk. Just as exchanges are the largest crypto firms, DEXs are.

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Apa itu Decentralized Exchange (DEX) Crypto? - Perbedaan DEX vs CEX
A decentralized exchange (DEX) enables users to trade crypto assets through blockchain transactions without the need for a custodian or centralized. Decentralized exchanges, also known as DEXs, are peer-to-peer marketplaces where cryptocurrency traders make transactions directly without handing over. A decentralized exchange (DEX) is a type of exchange that specializes in peer-to-peer transactions of cryptocurrencies and digital assets.

account_circle Vudorisar

calendar_month 22.09.2020

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account_circle JoJoran

calendar_month 24.09.2020

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Bancor , which launched in and describes itself as the first DEX, advocates for the decentralized approach like this:. This is because attentive traders or bots can quickly profit from any discrepancy in prices through arbitrage. This provides a wider opportunity for engagement in digital assets and enhances financial inclusion. CEXs offer advantages too.