Decentralized exchanges are, by their very nature, trustless. That means that you don’t have to trust the exchange to hold your funds on your behalf. Instead, you send your funds to an ETH contract programmed to conduct a peer to peer exchange of tokens upon receiving promised funds from both counterparties. This makes transactions auditable, secure, safe and fast.
What are the benefits of a decentralized exchange Print
Modified on: Sun, 6 May, 2018 at 8:53 AM
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