DaeguDivaDanceQueen
Wed Oct 09 2024
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5 answers
753
What is the difference between cex withdrawal and dex swap?
I want to understand the difference between cex withdrawal, where I take out my crypto from a centralized exchange, and dex swap, where I exchange crypto on a decentralized platform.
Luca
Tue Oct 08 2024
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7 answers
1724
How does dex swap work?
Excuse me, could you please explain how a decentralized exchange, or DEX, swap works in simple terms? I'm curious to know how users can trade cryptocurrencies without relying on a centralized authority like a traditional exchange. Is there a peer-to-peer system involved, and how does the process of matching buyers and sellers occur? Also, I've heard about smart contracts playing a role in DEX swaps. Could you elaborate on that aspect as well? Thank you in advance for your insights.
