How does a Decentralised exchange work?


In cryptocurrency a DEX is a Decentralized peer-to-peer Exchange. It is an exchange run by code. It usually exists as a decentralized application (DApp). It is a place where people can trade cryptocurrencies directly without a middleman. On a DEX every transaction is generally written to the blockchain.


BTC
Bitcoin (BTC)
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BCH
Bitcoin Cash / BCC (BCH)
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LTC
Litecoin (LTC)
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PPC
PeerCoin (PPC)
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ETH
Ethereum (ETH)
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XMR
Monero (XMR)
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ZEC
ZCash (ZEC)
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USDT
Tether (USDT)
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XLM
Stellar (XLM)
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TRX
Tronix (TRX)
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EOS
EOS (EOS)
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ADA
Cardano (ADA)
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