What is Decentralized Exchange Explained | How it Works, Types & Features | DEX Crypto

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  • Опубліковано 26 лис 2024

КОМЕНТАРІ • 16

  • @valm0r
    @valm0r Місяць тому

    Your storytelling makes learning about crypto so enjoyable.

  • @anantproductions1121
    @anantproductions1121 3 роки тому +2

    Thanks for providing value and clarity on decentralised exchanges in crypto, simply in love with your work! 👍

  • @MrHav1k
    @MrHav1k 2 роки тому +2

    Fantastic video. I'm finally deep diving into crypto and your videos are helping me out a ton.

    • @learnwithwhiteboard
      @learnwithwhiteboard  2 роки тому

      Thanks for your kind words, support and appreciation ❤️👍
      I’ll try and share more such valuable videos for you!

  • @ravenkaren701
    @ravenkaren701 3 роки тому +2

    decentralized platforms are our future. For example, I found the utopia ecosystem for myself, and I am very happy to use it

  • @hosata
    @hosata 2 роки тому +2

    Also what is a layer-3 DEX? How can Hydranet DEX allow cheap and quick transactions on layer 3?

    • @mehranwild5602
      @mehranwild5602 2 роки тому

      Hydranet DEX combines Connext and Lightning Network to allow cross-chain swaps on layer 3. And yes, transactions are safe cheap and instant this way.

  • @nitro5gaming
    @nitro5gaming 7 місяців тому

    impermanent loss occur to the liquidity providers when they loose their liquidity ? .. but here its not the liquidity providers its investors ... i didn't get this thing , Please help me out with this.

  • @Gamesgainonline
    @Gamesgainonline 3 роки тому +1

    Do decentralized exchange and decentralized apps connect at any endpoint? If yes, where? Btw great video and you have given a good decentralised exchange explained overview. 👍

    • @learnwithwhiteboard
      @learnwithwhiteboard  3 роки тому

      Yes and yes! DEXs can be treated as a type of DApp, and in many cases, follow the same architecture in terms of back end, security and design patterns. Hope this helps!

  • @hemlatarawat1322
    @hemlatarawat1322 2 роки тому

    As you said in video, tokens that are minted on blockchain in which the DEX is built, can be traded in DEX. In that case, is it that Bitcoin will not be allowed to trade in Uniswap and Pancake Swap as these 2 DEX are built on Ethereum and Binance block hain respectively

  • @avrellsoaps8388
    @avrellsoaps8388 3 роки тому +1

    Good explanation 😍