Decentralized Exchanges (DEXs) Explained - Everything You Need to Know About Decentralized Exchanges

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Decentralized Exchanges (DEXs) Explained - Everything You Need to Know About Decentralized Exchanges

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Binance, Kraken, KuCoin and Coincheck. In a world of decentralization, these are just a few in a long list of what are known as centralized exchanges. Almost 99% of crypto transactions are done on centralized exchanges. But what about the other 1%? Well, that’s what we’re talking about today. In today’s video, we’re diving deep in decentralized exchanges. We’ll examine exactly what they are and how they’re used. We’ll also look at some of the advantages, as well as disadvantages that they have when compared to centralized exchanges. Lastly, we’ll take a look at a few of the most popular decentralized exchanges and their similarities and differences. Enough of the wait, let’s get into it!

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