Dex trading

Introduction to DEX Trading (Decentralized Exchange Trading)
DEX trading means buying and selling cryptocurrencies directly from your wallet without using a middleman like a bank or centralized exchange.

🔹 What is a DEX?

A Decentralized Exchange (DEX) is a platform where users trade crypto peer-to-peer using smart contracts.
Examples include:

• Uniswap
• PancakeSwap
• SushiSwap

🔹 How DEX Trading Works

Instead of matching buyers and sellers like normal exchanges, DEXs use:
👉 Liquidity Pools

• Users deposit tokens into pools
• These pools provide liquidity for trading

👉 Automated Market Makers (AMM)

• Prices are set automatically using formulas
• No order book needed

🔹 Key Features

✔️ No middleman – You control your funds
✔️ Privacy – No KYC required in most cases
✔️ Permissionless – Anyone can trade any supported token
✔️ Global access – Works anywhere

🔹 Advantages

• Full control of your wallet
• Access to new tokens early
• Lower risk of exchange hacks

However Dex are trading which encourages trading between blockchain and trader directly