What Is a DEX❓
How Decentralized Crypto Exchanges Work?
Decentralized crypto exchanges (DEXs) are blockchain-based apps that coordinate large-scale trading of crypto assets between many users. They do that entirely through automated algorithms instead of the conventional approach of acting as a financial intermediary between buyers and sellers.
▪️The algorithms that DEXs use are examples of smart contracts.
They are pieces of code written on top of blockchain networks like Ethereum that trigger various outputs when given specific inputs.
How Decentralized Crypto Exchanges Work?
Decentralized crypto exchanges (DEXs) are blockchain-based apps that coordinate large-scale trading of crypto assets between many users. They do that entirely through automated algorithms instead of the conventional approach of acting as a financial intermediary between buyers and sellers.
▪️The algorithms that DEXs use are examples of smart contracts.
They are pieces of code written on top of blockchain networks like Ethereum that trigger various outputs when given specific inputs.
PayPal may soon start accepting all forms of cryptocurrencies😱
PayPal, known worldwide as one of the leading online payment systems, will soon accept all forms of cryptocurrencies and blockchain products.
The announcement comes two years after the company rolled out support for the world's leading cryptocurrency, Bitcoin, on its platform in the United States.
👾The introduction of cryptocurrencies into the platform means that they can also be used as payment.
PayPal may also launch its own stablecoin, PayPal Coin.
PayPal, known worldwide as one of the leading online payment systems, will soon accept all forms of cryptocurrencies and blockchain products.
The announcement comes two years after the company rolled out support for the world's leading cryptocurrency, Bitcoin, on its platform in the United States.
👾The introduction of cryptocurrencies into the platform means that they can also be used as payment.
PayPal may also launch its own stablecoin, PayPal Coin.