Knowing what is Decentralized exchange (Dex)

It is time to continue on my educational post which I have been blogging about for some time now. As for me, I am really happy doing this, this is holding to the very fact that I have promised to give back to the cryptocurrency economy deep down no matter what. The reason why I was able to stay in the cryptocurrency ecosystem up till this very day is simply because they were people who gave me advice and also they make sure that they give me guidelines when ever I needed them. It was an interesting one seeing that they are people out there who are able to help me deep down no matter what. We all knows that when it comes to the cryptocurrency ecosystem, the challenges that you will met at first, if you are not strong enough you will quit along along the way. It takes only smartness and perseverance to keep going in the cryptocurrency ecosystem. I had many friends who were in same boat with me back then, they are all no where to be found. They were at first thinking that it is going to be an enjoyable journey or road, they never knew that what lies ahead for sure, is going to be tougher as it will take only the wise and smart to scale through. For those still coming from behind, you guys should knows that it is for sure not going to be an easy journey for you, just should get prepared and never back off, remember the popular saying that states that there is light at the end of the tunnel. With that being said, let us start the post properly.

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If you have been missing out on what we have discussed so far you should knows that we have we have talked about cryptocurrency for newbies, cryptocurrency, cryptocurrency for newbies, blockchain, cryptocurrency for newbies, bear market, cryptocurrency for newbies, bull market and finally we are here discussing about cryptocurrency for newbies, exchange. This is showing that we have discussed about alot of things, the good things about them is that you can visit my blog feed and you will see what you have missed over there. If you can care to catch up it will be better to go through those post and read what I talked about. After doing that you can now join us on where we currently are. By so doing you will be educated on what we have been discussing about. It won't be advisable to join us in the stage that we are into. If you do so, you might struggle to catch up with the activities that lies ahead. Some persons might think that there is no need, for sure, you should never think like that, remember no knowledge is lost, and also you should knows that giving proper attention and understanding will for sure, impact your cryptocurrency ecosystem positively.

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When it comes to the cryptocurrency ecosystem many people have been saying that they prefer a decentralised exchange to a centralized one. They said that they love a decentralised exchange simply because with it your fund are safe. You don't need to send your fund to any exchange before you can start putting use into it. We all knows that when it comes to the centralized and decentralized exchange both has important roles they are playing. If anything happens to you in the decentralized exchange there is nobody you can report the issues to, but the centralized exchange has customer unit to solve issue when there is any.

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The decentralized exchange is an exchange where you can trade your cryptocurrency tokens without any intermediary like a third party as fund doesn't have to leave your cryptocurrency wallet when doing that. It creates room for you to be able to trade smoothly. We have popular decentralized exchange like Uniswap, Dydx, Balancer, Paraswap, Bisq, Bancor, Coswap etc. With all this you can carry out your transactions with ease. Lastly, with the decentralized exchange your keys are save. You don't need to input your keys into anything or also you don't need to give your keys to any body before you can start carrying out your cryptocurrency trade. I believe you guys now knows and understand what decentralised exchange is all about.

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I will end the post here, have a nice day.