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Decentralized Exchanges are making more revenue in the recent days. DEX platforms is being used by traders more than CEX as it also provides more secured platform to trade cryptos anytime without the involvement of third parties. The users base for DEX and number of trades on the DEXs increases each day to a high amount and this pandemic period has predominant effects on the crypto markets. Recent news in “The Block” shows that “Monthly volumes for DEXs soared past $1.5 billion to hit all-time high in June” It summarizes that Decentralized exchanges saw their busiest month ever in terms of trade volume, according to new market data. The raw figures, collected from Dune Analytics, show that DEXs posted a monthly volume of $1.51 billion for June. This represents a month-over-month increase of 70% The raw figures, collected from Dune Analytics, show that DEXs posted a monthly volume of $1.51 billion for June. This development represents a month-over-month increase of 70% ...

Atomic Swap A smart contract technology that enables the interchange or exchange of cryptocurrencies without the involvement of intermediaries such as central authority or exchange is known as atmoic swap. Atomic Swaps can occur between blockchains of various cryptocurrencies or they can occur on the off-chains away from main blockchain. What is the first conducted atomic swap ? The atmoic swap was first conducted in September 2017 , which is conducted between Decred and Litecoin. After which many startups and decentralized exchanges have inherited the same feature of atomic swaps to their users. For a glance : Lightning Labs has conducted off-chain swaps whcih uses bitcoin’s lightning network for transactions. The Need of Atomic Swaps The exchange of very large amount of cryptocurrencies becomes easier and safer with atomic swaps when compared with cryptocurrency exchange platforms. In exchanges, there is a chance of occurance of hacks of cryptos and also ever...

Decentralized Exchanges are one which overcomes the drawbacks of centralized exchanges .  unders the benefits of decentralized exchanges , users shifts from centralized to decentralized exchanges . In this blog let us discuss about decentralized exchanges and the ways to create own decentralized exchange website for online exchange business. Decentralized Exchanges : Decentralized exchanges are those supports peer to peer exchanges and which doesnot involves the third party as intermediates. These provides a secure exchange services as there is no need of sending the private details to exchange admins . Smart Contract is the one which makes decentralized exchange works . Only buyer and seller connects directly and instant transaction is possible . Transaction details are stored in traders own wallet and not in admin wallet which eliminates the risk for hacking . Benefits Of Decentralized Exchanges : 1 . Instant Exchange is possible. 2 . No involvement of Third parti...

The term " Technology " have spread  all over the world and which becomes the reason to standardize the people's life style by bringing continuous digital changes .  As the technology improves it creates a huge impact on major industries, hence the finance and trading industry are not an exception. People intention is always to find a comfortable way to transfer the funds,  money, or assets via a secured medium.  To Feed people hungry on searching better trading method. Decentralized exchanges were introduced to the market.  So let us see what are decentralized exchange?what is the difference between centralized and decentralized exchange? and what is decentralized exchange script. Decentralized Exchange - A Nextlevel of cryptoexchange : A decentralised exchange is a process of exchanging cryptocurrencies,with no involvement of third party (admin) services.The traders will communicate directly and no details of traders will be known to the exchange admin.T...