992 Articles 68 Followers

A decentralized exchange (DEX) is a cryptocurrency exchange which operates in a decentralized way on a distributed ledger. One of the first DEX’s was launched in 2014 by the team behind the NXT cryptocurrency. Since then, a multitude of decentralized exchanges have launched but they are still very much in their early stages. 

Unlike centralized exchanges (CEX), which operate from centralized servers and are controlled by a central authority, DEX’s operate on a blockchain and enable peer-to-peer trading of cryptocurrencies. This is the primary difference between centralized and decentralized exchanges, but there are also many more:

Anonymity: Decentralized exchanges grant their users full anonymity, while centralized exchanges generally need to comply with KYC (know your customer) and AML (anti-money laundering) laws. 

Control of Funds: At centralized exchanges, users must trust their money to a third party. Their crypto funds are held by the centralized exchange, not the user. With decentralized exchanges, the user controls their funds as they make transactions directly from their personal wallets.

Hacks & Server Downtime: Centralized exchanges can be hacked and have downtime because they have central points of failure for hackers to target. Decentralized exchanges are impossible to hack because all participants are servers and if someone is hacked, the DEX will not notice and continue running. 

Open Source: A true decentralized exchange is completely open source so that anyone can open its code and see the algorithms and technologies it uses. With centralized exchanges, everything is privately owned and the user cannot identify what algorithms are being ran or technologies being used. 

Loopring LRC Token Integrated for Tipping on Publish0x

15 Apr 2020 2 minute read 55 comments Dan Bainbridge

We are pretty excited today to announce the addition of a new token for tipping on Publish0x - Loopring LRC.  This month there will be a 60% chance of receiving a tip in LRC (and 20% chance of DAI and 20% chance of BAT) Here's our payout address, wi...

Maiar Exchange Tutorial: A Step By Step Guide, Part 1: Overview

17 Nov 2021 10 minute read 1 comment PippiWestwood

Sections:   Overview   |   Tutorial   |   Strategies *Last update - 11/23/2021 after mainnet launch With the launch of the Maiar Exchange, many have been asking about how to approach it, how much $EGLD to use, what are the best/easiest strategies? T...

What Is Defi Flash Loan & How to prevent the Flash Loan Attacks ?

30 Jun 2021 9 minute read 2 comments CryptoWise

Defi platforms are all poised to replace all the banking services, but having said that they are still vulnerable to security attacks and market manipulation, due to the decentralization fabric. Let's explore Flash loans today and try to decode its...

Symbiosis - The Juggernaut of Decentralized Finance

23 Mar 2022 4 minute read 2 comments Defiant Pathfinder

In life do not aim to be just good but aim to be the greatest, always do what is extraordinary. If you keep it that way you will forever stay ahead of the competition and become the Greatest Of All Time. So if I was to be asked to define what is Symb...

Uniting Crypto: Ankr’s Vision for a Multi-Chain Future

8 Dec 2021 3 minute read 0 comments Ankr Network

Amidst crypto’s warring factions, Ankr has a unique place in the Web 3.0 movement. Our purpose is to serve numerous projects and blockchains with development, staking, and earning solutions. And our end goal is to satisfy the needs of all end-users a...

DriveWealth: Lowering the Barrier of Crypto Entry by Entering CEX Territory and Driving Down Fees

9 Feb 2022 3 minute read 0 comments Cje95

I know a lot of people might not agree with the statement I am about to make but there is good news on the centralized exchange or CEX front! For a while now this area has been dominated by the likes of Binance, Coinbase, and even Gemini to a point....

How to Invest in DeFi Exchange as a Liquidity Provider and Earn 10000% APR

15 Nov 2021 6 minute read 0 comments Charles Gune

I will show you how to Invest in Defi exchange as a liquidity provider and earn 10000% APR. For this you need to convert your Fiat money into Bitcoin. Used to buy $1000 a week on BTC. I bought Bitcoin at $100 above market price from Strik...

Ethereum faces concerns about its centralization

14 Jun 2022 1 minute read 1 comment The Crazy Dude

Hey, I'm here again! Yes, the crazy dude who writes stuff on the internet! You can use this link to win your tips or become a new writer in Publish0x  While the world is facing circumstances that have never happened all at the same time (inflation,...


18 Jan 2022 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)   As Bitcoin continues its slow downtrend, it's time to study new projects or study even more projects that you already know. With that thought, I make a list of some Altcoins that I think have...

Carbon Token ( CARB ) on Zilliqa Network ( ZIL ) its token and New DEX called Carbswap

15 Nov 2021 4 minute read 0 comments TiddyBit

What Is Carbon? Carbon is a token on the Zilliqa Blockchain. It has been steadily developing and growing. Recently announced that it will be launching a DEX of its own on Zilliqa where most users are currently tied to Zilswap a proprietary DEX on Zil...