Glossary term
DEX
Decentralized Exchange. A cryptocurrency exchange platform that facilitates trading of assets on its own distributed ledger, removing the need for a centralized authority and potentially lowering trading costs
Definition
Understand the fundamentals, context, and nuances behind this term.
Decentralized Exchange. A cryptocurrency exchange platform that facilitates trading of assets on its own distributed ledger, removing the need for a centralized authority and potentially lowering trading costs