Crypto Exchanges Explained: How Trading Platforms Work
An exchange matches buyers and sellers through an order book. Understand liquidity, fees, and custody so you can judge any platform on the merits.
Centralized vs decentralized venues — how trading platforms work.
An exchange matches buyers and sellers through an order book. Understand liquidity, fees, and custody so you can judge any platform on the merits.
A DEX lets people trade directly from their own wallets using smart contracts and liquidity pools — no company holding funds. Powerful, but with distinct risks.