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.
Read moreWhat is DEX vs CEX?
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.
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