What is Decentralized Exchange Explained | How it Works, Types & Features | DEX Crypto

If you have been a crypto investor or trader then you may be familiar with popular Crypto exchanges like WazirX, Coinbase, Kraken, Binance, etc, and are claimed as centralized exchanges. Unlike these centralized crypto exchanges, there exist Decentralized exchanges that take a very different approach to buy and sell digital assets. In this video, I'll share with you, what is a decentralized exchange, how decentralized exchange works, its types, and its key features.

Video Walkthrough,
0:00 Introduction
0:18 What is Decentralized Exchange Explained
0:35 How Centralized Exchanges Work
2:23 Appeal of Decentralized Exchanges or DEX
3:21 How do Decentralized Exchanges Work
3:46 What is Order Book DEX Explained
5:12 What is Automated Market Maker or AMM Explained
6:17 TVL & Slippage Problem
6:41 What are DEX Aggregators Explained
7:39 Advantages of using a DEX
9:05 Disadvantages of using a DEX
11:19 Conclusion

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Got feedback on this video of DEX explained? Feel free to share your views in the comment section below.

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#Crypto #Blockchain #DecentralizedExchange #DEX #BlockchainTechnology #Fintech #Bitcoin #Ethereum #Binance #Coinbase

[valmr]

Your storytelling makes learning about crypto so enjoyable.

[hosata]

Also what is a layer-3 DEX? How can Hydranet DEX allow cheap and quick transactions on layer 3?

[anantproductions]

Thanks for providing value and clarity on decentralised exchanges in crypto, simply in love with your work! 👍

[MrHavk]

Fantastic video. I'm finally deep diving into crypto and your videos are helping me out a ton.

[ravenkaren]

decentralized platforms are our future. For example, I found the utopia ecosystem for myself, and I am very happy to use it

[hemlatarawat]

As you said in video, tokens that are minted on blockchain in which the DEX is built, can be traded in DEX. In that case, is it that Bitcoin will not be allowed to trade in Uniswap and Pancake Swap as these 2 DEX are built on Ethereum and Binance block hain respectively

[nitrogaming]

impermanent loss occur to the liquidity providers when they loose their liquidity ? .. but here its not the liquidity providers its investors ... i didn't get this thing, Please help me out with this.

[Gamesgainonline]

Do decentralized exchange and decentralized apps connect at any endpoint? If yes, where? Btw great video and you have given a good decentralised exchange explained overview. 👍