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DEX - Decentralized Exchange
Blockchain Dependant Decentralized Exchanges
A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary.
The COPI Token can be found on the following BNB DEXs:
The COPI Token can be found on the following ETH DEXs:
- 1.Completely private and anonymous
- 2.No need to transfer assets to a third party
- 3.Fees are redistributed to liquidity providers, not to a centralized entity
- 1.Trading in fiat currency is not permitted
- 2.Risk of impermanent loss for liquidity providers
- 3.Liquidity can be thin, making it harder to execute large orders
Last modified 14d ago