Post #622

💰DEX: What You Need to Know About Decentralized Trading In our recent article 'A Quick & Easy Way to Buy $TON', we briefly touched on decentralized exchanges (DEX). These platforms allow users to trade digital assets directly with one another, eliminating the need for intermediaries. Now, we'd like to take a closer look at this topic. 🔎What distinguishes DEX from centralized exchanges: DEXs offer notable freedom — no registration is required, allowing users to trade directly from their wallets and maintain full control of their assets. Transparency is another key feature: every trade and action is recorded on the blockchain, meaning anyone can verify transactions. Many DEXs use Automated Market Makers (AMM), replacing traditional order books with liquidity pools. This allows trades to occur at any time, with prices set by a formula, so there’s no need to wait for a buyer or seller to match orders. 🏛Some DEXs available directly in Telegram: STON.fi and DeDust.io are two exchanges, natively built on TON Blockchain, that have gained recognition for their convenient user experience. TONCO stands out from other DEXs in the ecosystem due to its concentrated liquidity. This feature lets liquidity providers set conditions, such as contributing to the pool only when the price is within a certain range. ⚡️ With these innovative features, DEXs offer a unique trading experience, providing more control, transparency, and flexibility compared to traditional exchanges.