🔭 LEARN ABOUT DECENTRALIZED EXCHANGE (DEX)
We have learned about "Centralized Exchange -> Electronic Wallet -> Blockchain Network", this is something that you definitely cannot help but know how to use.
=> That is the decentralized exchange (DEX)
🤔So what is Dex? Imagine it like a market:
🔹 Instead of dealing with sellers -> You trade freely without needing a seller.
🔹 Instead of trading with paper money -> You trade with cryptocurrency
🔹 Instead of cashiers or calculators -> Smart contracts automatically calculate and execute your transactions.
=> When you need to transact, you connect Dex directly to your electronic wallet, and when transactions occur, they will be recorded directly on the Blockchain.