As decentralized exchanges are built on top of blockchain networks that support smart contracts and where users keep custody of their funds, every trade incurs a transaction fee along with the trading fee. In essence, traders interact with smart contracts on the blockchain to use DEXs .
Read moreHow do I get crypto on decentralized exchange?
How to buy Decentralized Crypto Token
Read moreWhich is an example of a decentralized exchange?
A common example of a decentralized market is real estate , where buyers deal directly with sellers. A newer example is the virtual markets and blockchain system, which use cryptocurrency.
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