How exactly do they work? we’ll break down the step-by-step process of how a decentralized exchange platform functions.
Step 1: User Wallet Connection Step 2: Order Placement Step 3:Smart Contract Execution Step 4:Liquidity Pools Step 5:Trade Settlement Step 6:Fees and Governance Step 7:Security & Privacy
These are the 7 simple step, users can confidently engage with the platform and take full benefits of its decentralized features. the DEX ecosystem offers a promising future for decentralized finance (DeFi).
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