Everything You Need To Know About Decentralized Exchanges

  • A lesser need to trust a central authority to act ethically
  • Lower management fees
  • Democratic participation in exchange-related management decisions by participants in an exchange
  • Greater flexibility in terms of listing, purchasing, and selling less-mainstream tokens, as the Stanford Journal of Blockchain Law & Policy explains
  • No central authority
  • Confirming every transaction through every node in a blockchain
  • Heightened security through distributed hosting
  • Maintaining a comprehensive, permanent ledger of transactions on a blockchain

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