Decentralized Exchange vs Centralized Exchange (Main Differences)

in #cryptocurrency • 6 years ago

Centralized exchanges act as middle men in order to facilitate trading on their platforms, In exchange for providing this service, intermediaries collect trading fees. Decentralized exchanges are peer-to-peer, they match directly buyers and sellers and transactions conducted are nearly for no-cost, therefore decentralized exchanges do not require intermediaries for their operation. For more detail please watch the video below.

#crypto #steemit #steem #video
6 years ago in #cryptocurrency by
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     6 years ago 

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     6 years ago 

    I liked your video! Great job and good explanation! :)

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