NebulaSoul
Sun Sep 29 2024
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5 answers
882
What is the trading process on a DEX?
Could you please elaborate on the trading process on a decentralized exchange, or DEX? How does it differ from traditional centralized exchanges? Are there any specific steps that users need to follow to execute a trade on a DEX? Additionally, what are some of the key benefits and drawbacks of trading on a DEX compared to centralized exchanges? I'm interested in understanding the overall mechanics and considerations involved in this process.
CryptoAce
Sat Sep 28 2024
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5 answers
1222
How does exchange trading work?
Hello there, I'm curious about how exchange trading works in the world of cryptocurrency. Could you please explain the process in simple terms? What are the key steps involved, and how do traders go about buying and selling digital assets on an exchange platform? I'm particularly interested in understanding the role of market makers and takers, as well as the mechanics behind order matching and trade execution. Thank you in advance for shedding some light on this complex yet fascinating topic!
