Decentralized crypto exchanges (DEXs) are blockchain-based apps that coordinate large-scale trading of crypto assets between many users. They do that entirely through automated algorithms, instead of the conventional approach of acting as financial intermediary between buyers and sellers.
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Key Takeaways: — DEX stands for Decentralized exchange while CEX stands for centralized exchange . They both refer to platforms where crypto users can exchange, buy and sell cryptocurrency, seamlessly.11 Oca 2022
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