Learn Blockchain Basics 101 for FREE - What is Decentralized Exchange Explained | How it Works, Types & Features | DEX Crypto

If you have been a crypto investor or trader then you may be familiar with popular Crypto exchanges like WazirX, Coinbase, Kraken, Binance, etc, and are claimed as centralized exchanges. Unlike these centralized crypto exchanges, there exist Decentralized exchanges that take a very different approach to buy and sell digital assets. In this video, I'll share with you, what is a decentralized exchange, how decentralized exchange works, its types, and its key features. Video Walkthrough, 0:00 Introduction 0:18 What is Decentralized Exchange Explained 0:35 How Centralized Exchanges Work 2:23 Appeal of Decentralized Exchanges or DEX 3:21 How do Decentralized Exchanges Work 3:46 What is Order Book DEX Explained 5:12 What is Automated Market Maker or AMM Explained 6:17 TVL & Slippage Problem 6:41 What are DEX Aggregators Explained 7:39 Advantages of using a DEX 9:05 Disadvantages of using a DEX 11:19 Conclusion Recommended Videos, What is Impermanent Loss in Crypto Explained with Example https://www.youtube.com/watch?v=4cj0nLCayl0 What is DAO in Crypto Explained: Working, Examples, Benefits & Risks Involved https://www.youtube.com/watch?v=r4wyzrBZPO8 What is Yield Farming in Crypto: Risks, Returns & Working https://www.youtube.com/watch?v=tO0R2rkeRfU What is DeFi in Blockchain | Decentralized Finance Explained https://www.youtube.com/watch?v=gf9OCArVDz8 Proof of Work vs Proof of Stake vs Proof of Authority Explained https://www.youtube.com/watch?v=2EabDUGIkBg What are Smart Contracts in Blockchain, its Importance & How they Work https://www.youtube.com/watch?v=hb5lifYSJt8 Got feedback on this video of DEX explained? Feel free to share your views in the comment section below. Let's get social! https://twitter.com/brandlitic https://www.instagram.com/brandlitic https://www.facebook.com/brandlitic #Crypto #Blockchain #DecentralizedExchange #DEX #BlockchainTechnology #Fintech #Bitcoin #Ethereum #Binance #Coinbase