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What are Crypto Exchanges? Full Guide for Beginners (Animated)List of decentralized crypto exchanges. A decentralized exchange (DEX) is a cryptocurrency exchange which operates in a decentralized way, without a central. Decentralized exchanges, also known as DEXs, are peer-to-peer marketplaces where cryptocurrency traders make transactions directly without handing over. A decentralized exchange (DEX) enables users to trade crypto assets through blockchain transactions without the need for a custodian or centralized.
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