DECENTRALIZED EXCHANGE
Decentralized exchanges (DEX) allow its users to exchange with other peers directly, without needing to trust an intermediary or each other. Unlike its centralized counterparts, users do not need to give up custody of their cryptocurrency or digital asset to a third party. Due to the fact that fiat currencies require a trusted central party to record account balances, no DEX can trade between a cryptocurrency and fiat currency.
Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?
Chef Nomi, the founder of decentralized exchange SushiSwap, has tranferred the SushiSwap control to FTX CEO. What's behind the event and Who is Chef Nomi?
