What is decentralized exchange platform?

in cryptocurrecy •  2 years ago 

A decentralized exchange is an online peer-to-peer (P2P) cryptocurrency exchange service which works without central authority accountable for asset storage and change. This service permits quick and easy cryptocurrency transactions between two interested parties without unnecessary movement of crypto funds with connected fees and complete anonymity.

As a reputed blockchain-based commodity, Global Digital Cluster Coin yearns to increase the adoption of crypto assets by introducing its own decentralized exchange, Hopium. It allows users to purchase, sell, trade, stake, and withdraw crypto assets instantly and securely.

Since it is a decentralized exchange, there is no need for users to provide their details and other KYC particulars. Any crypto enthusiast can join the platform by just incorporating their current famous wallets, such as MetaMask or Trust Wallet.

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