DEX

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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. 


What risk level is right for me? Earn with dex

13 Nov 2019 1 minute read 0 comments Matthew Nyor

Every person is different, generally, people tend to favor low-risk strategy for short-term and high risk for the long term. You can create additional Dropil accounts to test different strategies and find out what works best for you  

INSTANT BUY of TRON (TRX) Token Network

2 Sep 2019 1 minute read 0 comments Okane Satoshi

Do you love TRX and TRX TOKEN? CRYPTOPRESS.CASA Required TronLink Chrome extension. Instant Buy TRON Token Listed. WINk TERC TWX BTT BetaPack DEC ICD IGG LVH POPPY SCC SCT SEED SGPromoCard BLAZE TRUC TSY BNKR UP VCOIN VOID 888   BUY TRON TOKEN NOW!  

A Quick Review Of Kyber Network

19 Aug 2019 4 minute read 3 comments Rumi

Overview Kyber Network іѕ а decentralized platform fоr converting and exchanging digital assets. Bеѕіdеѕ іtѕ decentralized exchange platform,  the project аlѕо offers payment APIs and а contract wallet, which аllоwѕ users tо receive and process pay...

Aeron CBM Token Listed

16 Aug 2019 1 minute read 2 comments razeiv

Aeron, a Blockchain startup that digitalizes and secures aviation logbook data, announced that CBM, the token of its sub-project CryptoBonusMiles, had been added to Binance DEX. The users of the second largest decentralized exchange were able to st...

Bankdex; MaximumUser Protection With BankDex

28 Jun 2019 2 minute read 5 comments tarangogu

Digital money, a decentralized currency, first emerged in 2009 and are becoming increasingly popular. Users can control cryptocurrencies without the need for a traditional financial institution. However, this has some difficulties. To register with e...

📢 ONUS Finance Great Project 👉 The secure app to store, exchange, stake, and earn free Crypto with over 1.8M users.

12 Dec 2021 1 minute read 0 comments FreedomBuilder

  👍 Starting with simplifying digital asset investment, ONUS has been a constant companion to investors from the very first day. 🎁 Total Reward: 10,000 $ONUS ≈ $30,000 for 10,000 users who register for an ONUS account during the airdrop period an...

Loop Market: November airdrop and more [ENG - ITA]

16 Nov 2021 4 minute read 0 comments ifiwasfrank

🇮🇹 Trovate la versione italiana dell'articolo dopo quella inglese   Dear Loopr,A month has passed since the first Loop Market airdrop which, for the launch of its DEX, has distributed tens of thousands of LOOPs to its users. As already announced, t...

LOOP DEX: L'airdrop continua! || The airdrop continues! [ITA - ENG]

20 Oct 2021 5 minute read 0 comments ifiwasfrank

🏴󠁧󠁢󠁥󠁮󠁧󠁿 You will find the English version immediately after the Italian one   Cari Loopers e aspiranti nuovi membri della community più LUNAtica della crypto-sfera, ci sono grandi novità all’orizzonte per quanto riguarda il nostro amato nuovo DEX....

Learn about MDEX & earn 3 $MDX - Torum Airdrop

6 Sep 2021 1 minute read 0 comments wantumeni

Torum x MDEX ($MDX) Airdrop campaign will run from September 6th to September 10th. What is Torum? Torum is a social media platform that is specially designed for cryptocurrency users. The project connects worldwide cryptocurrency enthusiasts and pr...

1Sol - the 1Inch of Solana - Airdrop! [Solana, SOL, Airdrop, 1Sol, DEX, Aggregator

29 Aug 2021 1 minute read 0 comments Walooploop

Hello everyone,Just a heads up on an easy air drop to complete with what appears to be a *guaranteed payout*  1SOL is a dex aggregator on the Solana Blockchain - https://twitter.com/1solProtocol https://1sol.io/ Directly from 1Sol on Medium: 1Sol Pro...