What is Decentralized Exchange Explained | How it Works, Types & Features | DEX Crypto

If you have been a crypto investor or trader then you may be familiar with popular Crypto exchanges like WazirX, Coinbase, Kraken, Binance, etc, and are claimed as centralized exchanges. Unlike these centralized crypto exchanges, there exist Decentralized exchanges that take a very different approach to buy and sell digital assets. In this video, I'll share with you, what is a decentralized exchange, how decentralized exchange works, its types, and its key features.

Video Walkthrough,
0:00 Introduction
0:18 What is Decentralized Exchange Explained
0:35 How Centralized Exchanges Work
2:23 Appeal of Decentralized Exchanges or DEX
3:21 How do Decentralized Exchanges Work
3:46 What is Order Book DEX Explained
5:12 What is Automated Market Maker or AMM Explained
6:17 TVL & Slippage Problem
6:41 What are DEX Aggregators Explained
7:39 Advantages of using a DEX
9:05 Disadvantages of using a DEX
11:19 Conclusion

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