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Prerequisites

What_is_a_Wallet

How_Supply_and_Demand_Works

What_are_Markets

What_is_an_Exchange

Subgraph

graph LR 1["What is a Wallet"]-->0{"What is a DEX"} 2["How Supply and Demand Works"]-->0{"What is a DEX"} 3["What are Markets"]-->0{"What is a DEX"} 4["What is an Exchange"]-->0{"What is a DEX"} 0{"What is a DEX"}-->5["What are Stablecoins"] click 1 "../What_is_a_Wallet" "What is a Wallet" click 2 "../How_Supply_and_Demand_Works" "How Supply and Demand Works" click 3 "../What_are_Markets" "What are Markets" click 4 "../What_is_an_Exchange" "What is an Exchange" click 5 "../What_are_Stablecoins" "What are Stablecoins"

Description

A decentralized exchange or DEX is a cryptocurrency exchange that is not controlled by any single entity. Instead it is run by a network of users who all have a stake in the exchange. This makes it more secure and less likely to be hacked than traditional exchanges. DEXs also typically have lower fees than traditional exchanges.

Links

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