The collapse of the FTX crypto exchange has ignited the debate about centralised and decentralised trading platforms. However we believe the DEX vs CEX debate was settled long ago: your funds are safer on a DEX than they could ever be on a centralised exchange.
The term ‘DEX’ stands for decentralised exchange and it’s an acronym you’ll hear loads in the DeFi world. Several of the most popular platforms and ecosystems in the DeFi space are DEXs. rhino.fi is a DEX, for example, as are UniSwap and CowSwap. This is in contrast to platforms such as Binance and Coinbase, which …
What is a DEX? Decentralised Exchanges Explained Read More »
If you’ve been doing your research on cryptocurrencies, then chances are you’ve come across the term ‘DEX’ a few times already! But what is a decentralised exchange and how does it compare to a centralised exchange?
We have always believed that together, with the combined power of our community, we can make DeFi truly accessible. This is why we launched our governance token DVF – to give rise to this community power and drive the DeversiFi protocol into the future. And today we’re taking the next step with DVF by launching …
Ethfinex evolves to DeversiFi to bring high-liquidity, speed and security to decentralised trading.
