DEXs link buyers and sellers of digital assets and enable peer-to-peer cryptocurrency trading. Like stock exchanges, DEXs are peer-to-peer marketplaces where cryptocurrency dealers can conduct direct transactions. It was created to do away with the requirement for any authority to oversee or grant permission for transactions on the platform.
Decentralized exchanges stand out because they don't hand over control of your assets to intermediaries or regulators. DEXs can use smart contracts, essentially self-executing agreements specified in code, to guarantee transactions.
In addition to having a non-custodial organizational structure, crypto exchange development services let users keep custody and control of their secret keys. Due to these advantages, DEXs have become increasingly well-liked in recent years. Even more crucially, it is necessary to look into the foundations of decentralized exchange development to understand their full scope.
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