Decentralized exchanges allow peer-to-peer exchanges to take place without a centralized intermediary. Decentralized exchanges leverage smart contracts and blockchain technologies to provide the opportunity and security necessary to exchange coins and tokens. This type of exchange allows cryptocurrency owners to maintain custody of their funds and private keys. Q: What is a Decentralized exchanges (DEX) A: is a peer-to-peer marketplace where transactions occur directly between crypto traders. Knowledge provider：0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link：https://www.coinbase.com/es/learn/crypto-basics/what-is-a-dex