What is DEX

dex stands for Decentralized Exchange .

A decentralized crypto tours allow users directly ( peer-to-peer ) and without exchanging coins and tokens without a middlemony.

Since intermediaries such as crypto stock exchanges and brokers are largely necessary, no registration data is required for use as in the context of valued money laundering laws.

There are still central components of a Dex. So it is common for the smart contract to be controlled and further developed by a central authority. It is decentralized via Atomic Swap.