What does a crypto DEX do?

The idea behind a DEX is “disintermediation,” which means removing middlemen to allow regular people to do business directly with each another . A DEX doesn’t offer custody of users’ crypto assets. Instead, users directly hold all their assets in their own wallets at all times.11 Şub 2022

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What is DEX?

Decentralized exchanges (DEX) are a type of cryptocurrency exchange which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary .

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What is DEX offering?

TL;DR. An IDO is a crypto token offering run on a Decentralized Exchange (DEX) . Liquidity pools (LP) play an essential role in IDO’s by creating liquidity post-sale. A typical IDO lets users lock funds in exchange for new tokens during the token generation event.

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