Back To The Crypto Glossary

DEX

– short for decentralized exchange.  

A cryptocurrency exchange that utilizes Smart Contracts to connect directly with your decentralized wallet software - to enable trade settlements directly between buyer and sellers.  

In many cases, cryptocurrencies can be listed freely without having to pass through a centralized gatekeeper or pay listing fees.

Not every transaction needs a middleman..

Yeah, the miners get paid the gas fees you needed when you used that DEX..
Wanna tweet @ me?
Tweety tweet
Stay in touch
We'll keep you in the loop
"You'll be amazed at what happens..."

You'll understand the crypto-verse, get weekly deep dives & frameworks, PLUS network with our private little group.