Valeria
Fri Sep 20 2024
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5 answers
1149
How do I start using Dex?
Hello there, I'm curious about getting started with decentralized exchanges, or DEXs for short. Can you walk me through the process of how to begin using one? I'm familiar with the basics of cryptocurrency, but I'm still a bit new to the more advanced concepts like decentralized finance. Any advice or tips you have would be greatly appreciated!
isabella_cole_psychologist
Fri Sep 20 2024
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6 answers
1430
Is Coinbase a DeX?
Excuse me, could you please clarify if Coinbase is indeed a decentralized exchange, or DeX, for short? From my understanding, decentralized exchanges operate without a central authority, allowing for direct peer-to-peer trading of digital assets. However, Coinbase, as I'm aware, functions as a centralized platform, facilitating transactions through a trusted intermediary. I'm curious to hear your thoughts on this matter, as I'm seeking clarity on the distinction between Coinbase and DeXs.
CharmedVoyager
Fri Sep 20 2024
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6 answers
1322
What are the disadvantages of dex?
Can you elaborate on the drawbacks of decentralized exchanges, or DEXs, in the cryptocurrency space? Are there any notable limitations or challenges that users and traders should be aware of when utilizing these platforms? How do these disadvantages compare to those of centralized exchanges, and what steps can be taken to mitigate them?
Leonardo
Fri Sep 20 2024
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5 answers
1179
Is Kraken CEX or Dex?
Excuse me, I'm curious about the classification of Kraken. Could you clarify if Kraken is categorized as a Centralized Exchange (CEX) or a Decentralized Exchange (DEX)? I'm trying to understand the operational differences and security implications between the two types of exchanges, and Kraken's specific position in the cryptocurrency market. Thank you for your insight.
KatanaBladed
Fri Sep 20 2024
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5 answers
1005
Which Dex is cheapest?
Hello there, I'm wondering if you could help me out with a question. I've been exploring the world of decentralized exchanges, or DEXes, and I'm trying to find the one that offers the lowest fees for trading. Could you possibly provide me with some insights on which DEX is considered the cheapest in terms of transaction costs? I'm looking to optimize my trading experience and save on fees wherever possible. Thank you in advance for your assistance!
