How do DEXs work?
How do DEXs work?
Decentralized exchanges, on the other hand, are simply a set of smart contracts. They establish the prices of various cryptocurrencies against each algorithmically and use “liquidity pools” — in which investors lock funds in exchange for interest-like rewards — to facilitate trades.
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Disclaimer:
This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to the past performance of an investment does not necessarily guarantee future performance. FxYogi including its analysts shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video.