DEX (Decentralized Exchange)

Lets understand what does it means, on Decentralized exchange, we (traders) won’t have to rely on third party services. Traders can directly do the trade between each other (peer to peer). The most amazing thing about “DEX” is You are not required to trust the security or honesty of the exchange because the funds are held by you in your personal wallet and not by a third party. For login on “DEX” you just need a assets wallet. Another benefit of “DEX” is that users are not required to disclose their personal details to anyone except if the exchange method involves bank transfers, in which case your identity is revealed only to the person that is selling or buying from you. “DEX” reduces the chances of hacking & server down problem.
Even DEX have some limitation like while trading user must be online, features like margin trading, lending and stop loss are currently not available.
Following are names of “DEX”
Bitsquar, NXT, Switcheo (Based on NEO NEP5), CounterParty DEX and some in development also.
Note:- This is my opinion about “DEX”. This post is not sponsored by ANY “DEX” for promotion. Be wise while trading for cryptocurrency

nice writing good contents

thanks for reading, spread it as much as u can

very informative... and thanks for such a good post

Thanks for reading. spread it as much u can

this exchange will be g8 boom to crypto ...nice blog

thanks for appreciating

Thanks for reading spread it as much as u can

nice and informative post..

Thanks for a look on my post.

Thanks for this great info

Thanks for reading if u like this blog then spread it as much as u can.

Thanks for reading if
U like this blog then spread it
As much as u can.

^{- maherame}

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Nice information bro

Thanks for reading, spread it as much as u can

Thanks for the information.

Thanks for reading, spread it as much as u can.

IT’S INTERESTING TO KNOW ABOUT KNOWING THIS!

Thanks for reading n appriciation

decentralized exchanges going to big hit

Yes u right, its quite safe also.

Thanks for reading spread it as much as u can

Dex is the best option for us to trade

But Obvious, thanks for reading

Informative post brother

Good explanation, you forgot to include IDEX - biggest decentralised exchange.

Is binance decentralized?

Exactly they are not controlled by anyone.....everybody is responsible for its own.

Yes u right. Thanks for reading

@maherame Nice post my friend.

@maherame good it's a secured wallet...good info!!!

Informative and useful content

Thanks for reading, spread it as much as u can.

I really never use this at 10 because I use centralized exchange

thanx for information... great post bro...

THATs a good thing to switch in. No black market nothing.

Nice post bro keep it up