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May 22, 2018, 12:55:56 PM |
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The growth of the cryptographic market has increased the growing concern about
security. Examples such as Mt. Gox in 2011, and again from Bitfinex in 2016, where it
resulted in losses for its customers awakened the need for another approach that
offered customers security. This is the decentralized exchange proposal, which
eliminates the need for third parties in the negotiations by returning control of their
finances to the user.
Decentralized exchange houses (DEX) allow your users to buy and sell crypto currency
without third parties involved. While the traditional exchanges keep the assets of its
customers in custody thus offering a very high risk of losses of balances . (DEX) do not
have to worry about this since it does not keep in custody the balance of its users
leaving everything under the control of every customer.
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