Skip to main content

Glossary · Definition

Decentralized Exchange (DEX)

A decentralized exchange is like a digital marketplace where you can trade cryptocurrencies directly with other people, without needing a middleman company to manage the transaction.

Read the full entry with a CryptoBipto membership

The full entry for Decentralized Exchange (DEX) covers the detailed definition, how it works, an example and the mistakes beginners make.

CryptoBipto is a crypto education platform. It does not buy, sell, hold or send cryptocurrency for anyone, and it does not give financial advice.