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Published on Feb 23, 2022

Decentralized Exchange (DEX)

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#Glossary
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A decentralized exchange is a peer-to-peer exchange that allows users to trade cryptocurrencies and other assets without the need for any intermediary whatsoever. With centralized exchanges meddling through every transaction, it is in direct violation of what blockchain stands for.

Not to mention the additional transactional changes that the intermediaries charge for. Decentralized organizations on the other hand completely mitigate such issues while offering completely anonymous, non-custodial transactions.


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