Thursday, February 15, 2018

Decentralized Market Exchanges (Dex) – Why Should You Care

The post Decentralized Market Exchanges (Dex) – Why Should You Care appeared first on CCN

A decentralized exchange (DEX) is a marketplace for cryptocurrencies or blockchain investments that is totally open sourced. Who controls trading process then? Well, it’s completely automated, and trades are conducted and controlled by users themselves. How does it work? Basically, proxy tokens, which are crypto assets that represent a certain fiat or cryptocurrency, are created

The post Decentralized Market Exchanges (Dex) – Why Should You Care appeared first on CCN



from Cryptocracken Blogger http://ift.tt/2F6lzsP
via IFTTT

No comments:

Post a Comment