Even if you’re relatively new to crypto, you may have bought or traded Bitcoin, Ethereum and other assets on a cryptocurrency exchange. Exchanges like Binance and Coinbase are some of the most successful businesses in the crypto space; Coinbase, one of the leading exchanges, went public in a direct listing earlier this year. Binance, Coinbase, Gemini, Kraken, and others are called „centralized exchanges,” since one company operates them and reaps profit from operating them.
The Ultimate Beginner’s Guide to Cryptocurrency Exchanges
But what if you don’t want to trust a centralized exchange with your funds? After all, cryptocurrency was founded on the principle of doing away with intermediaries. That’s where decentralized exchanges, or DEXs, come in.
What is a decentralized exchange?
Decentralized exchanges are one of the key building blocks of the decentralized finance (DeFi) ecosystem. A DEX is a platform where users can trade cryptocurrency directly with each other, without usi
Źródło: https://decrypt.co/73356/top-decentralized-exchanges-dex-uniswap-sushiswap
