Cryptocurrency Q&A Is serum an exchange?

Is serum an exchange?

Arianna Arianna Tue Oct 29 2024 | 6 answers 1453
I'm trying to figure out if serum is considered an exchange. I've heard about it in the context of crypto and blockchain, but I'm not sure if it falls under the category of an exchange or something else entirely. Is serum an exchange?

6 answers

Arianna Arianna Thu Oct 31 2024
In contrast to other DEX projects that exist in the market, Serum incorporates a unique trading mechanism.

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Luca Luca Thu Oct 31 2024
This mechanism is centered around order book-based trading, which is a system familiar to users of centralized cryptocurrency exchanges.

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BonsaiStrength BonsaiStrength Thu Oct 31 2024
By adopting this approach, Serum aims to bridge the gap between decentralized and centralized exchanges.

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LucyStone LucyStone Thu Oct 31 2024
Serum stands as a decentralized exchange (DEX) that operates within the ecosystem of the Solana blockchain.

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Martina Martina Thu Oct 31 2024
BTCC, another notable player in the cryptocurrency space, is a top-tier exchange that offers a range of services.

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