Course Content
What Is a Decentralized Exchange (DEX)?
You probably know the drill with cryptocurrency exchanges. Sign up with your email, come up with a strong password, verify your account, and start trading cryptocurrency. Decentralized exchanges are like that, minus the hassle of sign-ups. In most cases, there’s no depositing or withdrawing crypto. The trade happens directly between two users’ wallets, with limited (if any!) input from a third-party. Decentralized exchanges can be a bit trickier to get the hang of, and they might not always have the assets you want. But, as the tech and interest in it grow, these may very well become integral components in the cryptocurrency sphere.
What Is a Decentralized Exchange (DEX)?
About Lesson
From the early days of Bitcoinexchanges 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.