The growth of the cryptocurrency industry has raised many concerns. They range from security and scalability, on-boarding newbies, trust-less custody and order matching on exchanges to overall user experience, and to achieve mass adoption of cryptocurrency, there’s a need for third generational exchanges to resolve these issues.
Cryptocurrency and blockchain technology keeps evolving and changing to suit users’ needs.
Decentralized exchanges are revolutionary and essential parts of this evolution, offering users privacy, security, and sovereignty over their crypto assets.
However, any active DeFi user must have experienced the following drawbacks while using a DEX:
Slow transaction speed;
Insufficient volumes;
Expensive gas fees;
Low liquidity;
Poor user experience;
Manually executing your trades.
Although these drawbacks are felt both by experienced traders and newbies alike, newbies are mostly affected as they are forced to educate themselves on market conditions and make risky
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