DEX

Summary: Decentralized Cryptocurrency Exchange is a platform where there is no central point of failure i.e. it facilitates crypto trading without the involvement of a third party thus eliminating the commission fees.

Decentralized exchange (DEX) refers to an alternative to a centralized exchange. Decentralized Cryptocurrency Exchange is a platform where there is no central point of failure i.e. it facilitates crypto trading without the involvement of a third party thus eliminating the commission fees. The platform automates transactions and trades through smart contracts and decentralized applications.