Decentralized Exchanges (or DEX) are peer-to-peer (P2P) marketplaces where financial transactions take place between crypto investors and traders directly without any intermediate or custodian fostering in between for management. These transactions happen under smart contracts (coded self-executing agreements). The most popular DEXs like Sushiswap and Uniswap are based on Ethereum blockchain technology.
Nowadays, there are many applications, platforms, and exchanges that make cryptocurrency buying, selling, or exchanging easier and clearer than ever before. Thus, this might be the right time to establish a Crypto Exchange Development Company. In this article, we will discuss why developing a crypto exchange software platform beneficial for your business growth.
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