About Lesson
From the early days of Bitcoin, exchanges have played a vital role in matching cryptocurrency buyers with sellers. Without these forums attracting a global user base, we’d have much poorer liquidity and no way to agree on the correct price of assets.
Traditionally, centralized players have dominated this field. However, with the rapidly-evolving stack of technologies available, a growing number of tools for decentralized trades have emerged.
In this article, we’ll take a dive into decentralized exchanges (DEXs), trading venues where no intermediaries are required.