Crypto for Newborns Episode 8 introduces the decentralized exchange – DEX. These peer-to-peer exchanges provide a cryptocurrency marketplace for buyers and sellers without centralized authority—and there are definite pros and cons compared to centralized exchanges like Coinbase and Gemini.
Decentralized exchanges provide access to thousands of cryptocurrencies—you can find some real treasures through a DEX—and a lot of crap! But if you’re getting serious about cryptocurrencies, you’ll want to learn about decentralized exchanges.
Reference material from Episode 8:
Article: What Is a Decentralized Exchange (DEX)?
Video: How to Use Uniswp With TrustWallet
Send your questions, comments, rants and raves about to biff@cryptofornewborns.com.
Website: cryptofornewborns.com
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