{"id":8111,"date":"2022-09-27T07:07:35","date_gmt":"2022-09-27T07:07:35","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=8111"},"modified":"2022-09-27T07:07:35","modified_gmt":"2022-09-27T07:07:35","slug":"decentralised-crypto-exchanges-dex-explained","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/09\/27\/decentralised-crypto-exchanges-dex-explained\/","title":{"rendered":"Decentralised Crypto Exchanges?\u00a0DEX Explained:"},"content":{"rendered":"\n<p>A decentralised exchange (DEX) is an increasingly popular method to trade cryptocurrencies. Unlike a traditional or centralised exchange (CEX), a DEX does not have a company or intermediary settling trades between buyers and sellers. Instead, a DEX uses software and coding to automatically match buyers and sellers and finalise the peer-to-peer (p2p) exchange transaction.<\/p>\n\n\n\n<p>At least $18 billion worth of digital assets changed hands every day in the crypto market in May 2022 (<a href=\"https:\/\/www.theblockcrypto.com\/data\/crypto-markets\/spot\/total-exchange-volume-daily\">TheBlockCrypto<\/a>), a number that has crept higher over the years as more people and institutions buy and sell coins over crypto exchanges.<\/p>\n\n\n\n<p>More than a fifth of that volume or about $4 billion, according to the same source, took place across decentralised exchanges, known in the crypto industry as DEXs.<\/p>\n\n\n\n<p>In this article, you will learn:<\/p>\n\n\n\n<ul><li>What the modern decentralised exchange (DEX) looks like and how it works<\/li><li>A brief history of decentralised exchanges (DEXs) and the different types of DEXs that exist as a result<\/li><li>How a DEX differs from a CEX<\/li><li>Some of the best DEXs and how to use them<\/li><li>Why DEXs are important<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A decentralised exchange (DEX) is an increasingly popular method to trade cryptocurrencies. Unlike a traditional or centralised exchange (CEX), a DEX does not have a company or intermediary settling trades between buyers and sellers. Instead, a DEX uses software and coding to automatically match buyers and sellers and finalise the peer-to-peer (p2p) exchange transaction. At [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[342],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8111"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=8111"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8111\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=8111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=8111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=8111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}