A new decentralized exchange!
What is a decentralized exchange?
A decentralized exchange is a exchange that does not require customer trust. All client funds are controlled by a smart contract and can not be accessed by exchange owners. Exchange transactions are carried out between clients in an anonymous way without the need to disclose personal data.
Decentralized exchanges represent the future of the crypto transaction. It is a natural evolution to eliminate the risks associated with keeping funds in the custody of centralized exchanges that can be broken.
You can read more here: Ethermium.com
What was the first decentralized exchange?
The first decentralized exchange on Ethereum was EtherDelta which then lost its market to IDEX the latter being the market leader at the time.
What do you think of these new types of exchange?
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