DEXs (decentralized crypto exchanges) are blockchain-based apps that facilitate large-scale crypto asset trading among multiple users. By using DEXs, cryptocurrency traders make direct transactions without having to entrust their funds to a third party. Decentralized crypto exchanges were intended to eliminate the need for any authority to oversee and allow deals within a given exchange.
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Author
Jeffrey Maganis
I’m the co-founder of Crowdcreate, leading crypto & NFT advisory. Few growth marketing firms have been in the blockchain industry since 2017. Crowdcreate has been a global pioneer in launching and scaling some of the most successful projects in blockchain and Web 3.0. Crowdcreate is an award-winning full-service consultancy being named “Top Crypto Marketing Firm” by Forbes, CoinBureau, and Clutch. Crowdcreate also runs one of the largest networks of crypto founders, investors, influencers, and creators.