Bitdeal - Readymade Decentralized Exchange Script Solution
Decentralized Exchange is a kind of cryptocurrency exchange that allows users for peer-to-peer cryptocurrency transactions to take place online securely and without the need for a middleman. Users do not need to transfer their cryptocurrencies (digital assets) to the exchange. It reduces the risk of theft and hacking of centralized Exchanges. How Decentralized Exchange Works : Decentralized Exchange Works on Different Approaches. The Transactions are complete without an intermediator. DEX supports only Crypto - Crypto Trading. In Decentralized exchange everything is based on Smart Contract. Atomic Swap : Atomic Swap is a technique that allows the quick transaction of two different cryptocurrencies running on definite blockchain networks. Atomic swap based on smart contract. So, atomic swaps are mandatory, peer-to-peer trades across different blockchains. On-Chain Order Book : In Some DEX Platforms, everything is run on-chain. Every order is written to the blockc...