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What exactly is a decentralized exchange (DEX)? In the realm of cryptocurrency, a DEX facilitates peer-to-peer trading without the need for an intermediary. It operates on blockchain technology, allowing users to maintain control over their funds and trades while promoting transparency and security in transactions. How does it function?

What exactly is a decentralized exchange (<a data-auto-add="True" href="/feed/faq/11268305/" rel="noopener noreferrer" target="">DEX</a>)? In the realm of cryptocurrency, a DEX facilitates peer-to-peer trading without the need for an intermediary. It operates on blockchain technology, allowing users to maintain control over their funds and trades while promoting transparency and security in transactions. How does it function?

What is a decentralized exchange (DEX)?

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What is a decentralized exchange (DEX)?

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