-
ARS 1,206.00 (-0.09%) -
BTC 67,716.61 (-1.27%) -
ETH 3,785.29 (-1.91%) -
PEPE <0.01 (-8.35%) -
SOL 169.31 (-0.20%) -
WIF 3.79 (+1.81%) -
DOGE 0.16 (-1.05%) -
BONK <0.01 (-9.52%) -
BOME 0.01 (-5.36%) -
FLOKI <0.01 (-8.27%) -
XRP 0.52 (-0.91%) -
PEOPLE 0.08 (-8.72%) -
CTK 1.05 (+50.85%) -
WLD 4.87 (+3.66%) -
AUCTION 24.27 (+35.28%) -
RNDR 10.28 (+0.80%) -
TIA 10.77 (-6.59%) -
COS 0.01 (-7.87%) -
LINK 18.60 (+0.38%) -
TRU 0.21 (+16.11%) -
ENA 0.84 (-6.47%) -
MATIC 0.72 (-2.00%) -
ETHFI 4.60 (-3.16%) -
CHZ 0.16 (+0.99%) -
JTO 3.83 (+3.43%) -
NEAR 7.63 (-0.79%) -
RUNE 6.67 (-1.52%) -
AVAX 36.60 (-1.51%) -
ARKM 2.40 (+7.06%)
How DEX Blockchain is Revolutionizing Decentralized Trading
Published: 2023-06-14
In recent years, decentralized exchanges (DEX) have become increasingly popular due to their security and transparency. Unlike centralized exchanges, DEX allows users to trade cryptocurrencies in a completely peer-to-peer manner. However, the introduction of blockchain technology has taken DEX to the next level, revolutionizing decentralized trading. In this article, we will explore the main ways in which DEX blockchain is transforming the way we trade cryptocurrencies.
Main topics
1. Enhanced Security
2. Increased Transparency
3. Greater Accessibility
4. Improved Liquidity
5. Reduced Fees
Enhanced Security One of the primary advantages of DEX blockchain is the enhanced security it provides. Traditional exchanges are vulnerable to hacks and security breaches, putting users' funds at risk. However, DEX blockchain eliminates the need for a central authority, which makes it less susceptible to hacking attempts. Users retain control of their private keys and funds, making it nearly impossible for hackers to compromise their security.
Increased Transparency Another advantage of DEX blockchain is the increased transparency it provides. Traditional exchanges often have questionable practices and hidden fees, which can cause users to lose trust. DEX blockchain eliminates this problem by utilizing a public blockchain that records every transaction in real-time. This means that anyone can view the transaction history of any address, ensuring that users can easily verify whether or not an exchange is legitimate.
Greater Accessibility Another way in which DEX blockchain is revolutionizing decentralized trading is by making it more accessible to everyone. Traditional exchanges often have stringent requirements for account verification, which can be a hassle for many users. DEX blockchain removes these barriers by allowing anyone to trade anonymously, without any of the tedious KYC requirements. This makes DEX more user-friendly and inclusive.
Improved Liquidity Liquidity is a major issue for many decentralized exchanges. In the past, DEX users had to rely on the trading volume of a specific token pair to execute their trades. However, DEX blockchain has addressed this issue by introducing cross-chain trading capabilities. This means that users can trade between different blockchain networks, which greatly increases the liquidity of DEX.
Reduced Fees Finally, DEX blockchain is making decentralized trading more affordable by reducing fees. Traditional centralized exchanges usually charge high trading fees, which can eat up a large chunk of a user’s profits. In contrast, DEX blockchain technology eliminates these high fees and instead charges minimal transaction fees that are typically lower than those of centralized exchanges.
Conclusion DEX blockchain has revolutionized decentralized trading by providing enhanced security, increased transparency, greater accessibility, improved liquidity, and reduced fees. It is clear that DEX blockchain technology is the future of cryptocurrency trading.
Written by AI (Artificial Intelligence)
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,206.00 | 2,384,469,783.80 |
| 2 | BTC |
67,716.61 | 1,573,111,489.32 |
| 3 | ETH |
3,785.29 | 1,299,458,627.74 |
| 4 | PEPE |
<0.01 | 638,688,175.84 |
| 5 | SOL |
169.31 | 498,649,126.46 |
| 6 | WIF |
3.79 | 333,041,428.14 |
| 7 | DOGE |
0.16 | 232,907,110.90 |
| 8 | BONK |
<0.01 | 203,069,709.07 |
| 9 | BOME |
0.01 | 191,560,180.27 |
| 10 | FLOKI |
<0.01 | 188,720,945.22 |
| 11 | XRP |
0.52 | 167,216,402.12 |
| 12 | PEOPLE |
0.08 | 163,914,838.04 |
| 13 | CTK |
1.05 | 138,761,773.82 |
| 14 | WLD |
4.87 | 134,034,059.49 |
| 15 | AUCTION |
24.27 | 126,929,102.20 |
| 16 | RNDR |
10.28 | 97,602,616.64 |
| 17 | TIA |
10.77 | 91,127,704.13 |
| 18 | COS |
0.01 | 86,251,584.65 |
| 19 | LINK |
18.60 | 82,004,622.54 |
| 20 | TRU |
0.21 | 77,489,946.09 |
| 21 | ENA |
0.84 | 62,456,795.11 |
| 22 | MATIC |
0.72 | 60,679,118.90 |
| 23 | ETHFI |
4.60 | 59,814,793.28 |
| 24 | CHZ |
0.16 | 58,699,920.59 |
| 25 | JTO |
3.83 | 55,808,412.46 |
| 26 | NEAR |
7.63 | 52,899,245.77 |
| 27 | RUNE |
6.67 | 51,889,196.58 |
| 28 | AVAX |
36.60 | 51,684,180.68 |
| 29 | ARKM |
2.40 | 49,683,655.51 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | CTK |
1.05 | +50.85 |
| 2 | AUCTION |
24.27 | +35.28 |
| 3 | TRU |
0.21 | +16.11 |
| 4 |  STEEM |
0.32 | +11.48 |
| 5 |  VGX |
0.08 | +8.75 |
| 6 |  1INCH |
0.49 | +7.38 |
| 7 | ARKM |
2.40 | +7.06 |
| 8 |  REI |
0.08 | +6.71 |
| 9 |  FXS |
4.74 | +5.92 |
| 10 |  OG |
4.77 | +5.55 |
| 11 |  RLC |
3.23 | +4.70 |
| 12 |  BADGER |
4.84 | +3.95 |
| 13 | WLD |
4.87 | +3.66 |
| 14 | JTO |
3.83 | +3.43 |
| 15 |  AR |
39.17 | +3.07 |
| 16 |  TROY |
<0.01 | +3.06 |
| 17 |  DUSK |
0.41 | +2.97 |
| 18 |  UMA |
3.52 | +2.95 |
| 19 |  COMBO |
0.74 | +2.63 |
| 20 |  DODO |
0.19 | +2.54 |
| 21 |  BEL |
0.94 | +2.39 |
| 22 |  AVA |
0.71 | +2.24 |
| 23 |  INJ |
26.70 | +2.18 |
| 24 |  ATA |
0.17 | +2.01 |
| 25 |  API3 |
3.08 | +1.95 |
| 26 | WIF |
3.79 | +1.81 |
| 27 |  NFP |
0.55 | +1.67 |
| 28 |  DEXE |
12.72 | +1.57 |
| 29 |  KLAY |
0.20 | +1.55 |
| 30 |  XNO |
1.27 | +1.44 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  KEY |
<0.01 | -19.10 |
| 2 |  BNX |
1.02 | -14.60 |
| 3 | BONK |
<0.01 | -9.52 |
| 4 | PEOPLE |
0.08 | -8.72 |
| 5 | PEPE |
<0.01 | -8.35 |
| 6 | FLOKI |
<0.01 | -8.27 |
| 7 | COS |
0.01 | -7.87 |
| 8 |  NTRN |
0.76 | -7.12 |
| 9 |  UNI |
10.55 | -6.76 |
| 10 | TIA |
10.77 | -6.59 |
| 11 | ENA |
0.84 | -6.47 |
| 12 |  MEME |
0.03 | -6.03 |
| 13 |  SUSHI |
1.19 | -6.01 |
| 14 |  XVG |
<0.01 | -5.90 |
| 15 |  KNC |
0.65 | -5.46 |
| 16 | BOME |
0.01 | -5.36 |
| 17 |  TAO |
395.90 | -5.26 |
| 18 |  ONE |
0.02 | -5.24 |
| 19 |  GALA |
0.04 | -5.09 |
| 20 |  PENDLE |
6.26 | -4.82 |
| 21 |  BICO |
0.55 | -4.77 |
| 22 |  BURGER |
0.47 | -4.77 |
| 23 |  VITE |
0.02 | -4.74 |
| 24 |  SEI |
0.52 | -4.65 |
| 25 |  STORJ |
0.55 | -4.59 |
| 26 |  ACE |
5.42 | -4.41 |
| 27 |  ACA |
0.10 | -4.37 |
| 28 |  XAI |
0.74 | -4.29 |
| 29 |  LEVER |
<0.01 | -4.24 |
| 30 |  EDU |
0.89 | -4.22 |
Bitcoin's Greed and Fear Index.
?72
Greed
Global CryptoCurrency News
?(See more news ...)
US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Williams Speaks | Wednesday | 29-05-2024 | 18:45 |
| 2 | Beige Book | Wednesday | 29-05-2024 | 19:00 |
| 3 | FOMC Member Bostic Speaks | Thursday | 30-05-2024 | 00:00 |
| 4 | Prelim GDP q/q | Thursday | 30-05-2024 | 13:30 |
| 5 | Unemployment Claims | Thursday | 30-05-2024 | 13:30 |
| 6 | Prelim GDP Price Index q/q | Thursday | 30-05-2024 | 13:30 |
| 7 | Goods Trade Balance | Thursday | 30-05-2024 | 13:30 |
| 8 | Prelim Wholesale Inventories m/m | Thursday | 30-05-2024 | 13:30 |
| 9 | Pending Home Sales m/m | Thursday | 30-05-2024 | 15:00 |
| 10 | Natural Gas Storage | Thursday | 30-05-2024 | 15:30 |
| 11 | Crude Oil Inventories | Thursday | 30-05-2024 | 16:00 |
| 12 | FOMC Member Williams Speaks | Thursday | 30-05-2024 | 17:05 |
| 13 | Core PCE Price Index m/m | Friday | 31-05-2024 | 13:30 |
| 14 | Personal Income m/m | Friday | 31-05-2024 | 13:30 |
| 15 | Personal Spending m/m | Friday | 31-05-2024 | 13:30 |
| 16 | Chicago PMI | Friday | 31-05-2024 | 14:45 |
| 17 | FOMC Member Bostic Speaks | Friday | 31-05-2024 | 23:15 |
