Decentralized Era: DEX Development and its Impact on the Finance Industry
The rise of Decentralized Exchanges (DEXs) marks a transformative era in finance. DEXs operate without intermediaries, utilizing blockchain technology to facilitate peer-to-peer cryptocurrency trading. This disintermediation enhances security, transparency, and user control over funds. By removing reliance on traditional centralized exchanges, DEXs reduce the risk of hacks and improve privacy. Traders retain ownership of their …
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