DEX - News, Opinion & Analysis

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. 


🔥 Carbon Farm (CRB) || High Quality Airdrop on Solana Blockchain 👉 FCFS " First Come First Served"

5 Oct 2021 1 minute read 0 comments FreedomBuilder

  📈 Carbon Farm is a high yield liquidity farming token & decentralized exchange with NFT marketplace on Solana Network. Friendly real world farming project. 🎁 Total Reward Pool : $220,000 CRB Giveaway for 30,000 Participants FCFS!!!✅ Increase your c...

CLAIM FREE FOX TOKEN

11 Aug 2021 1 minute read 0 comments Lexx010

  claim free fox token airdrops until october 2021.   Requirements: METAMASK   step guide on how to claim fox token: 1. Go to fox.shapeshift.com/airdrop  2. Paste in your Ethereum address or connect your metamask wallet   3. Click on Check Eligibil...

Learn about 1inch & earn $5 of 1INCH tokens - CoinMarketCap Earn quiz answers

16 Jul 2021 1 minute read 2 comments wantumeni

1inch "Learn & Earn" Campaign will run from July 16th to July 25th. What is 1inch? 1inch is a decentralized exchange (DEX) aggregator, connecting several DEXes into one platform to allow its users to find the most efficient swapping routes across al...

I Just Claimed 387$ Worth Airdrop From WallStreetBets!

3 Jul 2021 2 minute read 8 comments MakeItReal

Hello HODLers, Today started in such an amazing way for me because I just claimed the WallStreetBets (WBS) airdrop! I claimed 4.300 WSB, which at the current price (0,09$) are 387$ worth. So I would like to share my gratitude to the WallStreetBets c...

kattana

3 Apr 2021 1 minute read 0 comments Marco K

  I bring you to the knowledge of this new trading platform, which aggregates multiple platforms and gives the possibility to operate simply and with limit orders even in the dex world. We look forward to the start of this project. the projects start...

The Uniswap Token Is Now the 8th Most Popular Cryptocurrency

17 Mar 2021 2 minute read 3 comments Austin Reihl

The rise of the world’s most popular decentralized exchange (DEX) Uniswap (UNI) has been turning heads in the decentralized finance (DeFi) market. The UNI token traded at $34.00 with a daily trading volume of $1.5 billion and saw a rise up to 45.7% f...

GRAPHENE $GFN - Important Airdrop Announcement!

26 Feb 2021 1 minute read 2 comments Cappex

Due to many issues currently facing the Etheruem network, Graphene will now be airdropped on Binance Smart Chain. Airdrop Details The Graphene team was initially planning to airdrop Graphene tokens as ERC-20 tokens on the Ethereum network, prior to...

Arrano.network hop on the train for free now

26 Feb 2021 1 minute read 0 comments batechao

    what is arrano.network?   New Age decentralized exchange by the community & Crypto products development ecosystem powered by ANO token.ANDX is the new Defi token with 81,800 max supply.     what are they offering?     A Decentralized exchange and...

My Investigation on CoinMarketCap's 1Inch Learn and Earn Campaign

21 Jan 2021 9 minute read 2 comments Feax21

1Inch Token is the latest Coinmarketcap Learn and Earn campaign and users who will successful respond all the questions of the quiz will receive 3 $1INCH tokens (about $5.50) out of total 50,000 rewards pool, distributed on their KYC-verified Binanc...

BLOCKFISWAP.IO - BFI Token PRESALE

19 Jan 2021 1 minute read 2 comments TimeWaster

HI everyone    Blockfiswap.io relase own token BFI :     Already pirice is 0.01 USDT per token on presale . i bought some tokens and put them on staking till 31.03 2021     Decision is yours !!    here is also my ref to BFI airdrop 200 bfi for join...