Overview#
Decentralized Exchange (or Market) is when a Transaction is Peer-to-peer with no middleman.Digital Currency Exchange#
Decentralized Exchange (DEX) is a Digital Currency Exchange which cuts out the middleman by creating a "trustless environment".Decentralized Exchanges, transactions are made through Smart contracts and atomic swaps so that currency never passes through the hands of an escrow service.
Decentralized Exchanges are Peer-to-peer.
Decentralized Exchange has some concerns in being able to comply with Anti-Money Laundering methods.
