ethan_harrison_chef
Sun Sep 29 2024
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6 answers
1214
Who facilitates an exchange on a dex?
Who exactly is responsible for facilitating an exchange on a decentralized exchange, or DEX? In the realm of cryptocurrency and finance, it's crucial to understand the mechanics behind these platforms, as they differ significantly from traditional, centralized exchanges. So, who steps in to ensure smooth and secure transactions on a DEX? Is it a centralized authority, or does the process rely solely on decentralized technology and user-to-user interactions? Clarifying this aspect is key to gaining a deeper insight into the workings of the decentralized finance ecosystem.
