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.

More Information#

There might be more information for this subject on one of the following:

• BitShares
• DEX
• Digital Currency Exchange
• Exchange
• Grin
• OpenLedger
• Web of Trust