Cryptocurrency already faces a lot of stigma from the unaware crowd. The people that support the concept of cryptos know about the entire principle and process behind cryptocurrencies and their trading. The reliability of transaction that a Blockchain provides is unmatchable. Cryptocurrencies, starting from Bitcoin, were established on the idea of having a decentralised system of maintenance of ledgers and transactions.
The centralised system is fundamentally flawed. By entrusting a single central entity with all the data and any transfer of this data, we’re at a risk of data loss and the data is prone to cyber threats. This is the core reason behind the advent of cryptocurrencies and the blockchain principle.
Cryptocurrency trading, as we all already know, takes place on exchanges. Multiple such crypto exchanges are available for your trading needs. Each one of them has different features and trading experience. But what really counts is whether the exchange is centralised or decentralised.
Centralisation in crypto exchanges totally goes against the whole idea behind cryptocurrencies. Cryptocurrencies are made to bring a decentralised transactional experience to the users, and get rid of any central entity. This is why decentralized exchanges has become more popular and prevalent recently.
There is an array of decentralised exchanges (DEX) out there. Decentralised exchanges can prove to be great big disruptors in the market. They prove to be highly beneficial in multiple aspects. In this article we list and discuss some of these Decentralised crypto exchanges that you should check out.
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