What is Exchanges Dapp ?

A decentralized exchange (DEX) is a type of DApp (Decentralized Application) that allows users to trade cryptocurrencies and other digital assets in a decentralized manner, without the need for a central intermediary such as a traditional exchange. Instead, DEXs use smart contracts to facilitate trades on the blockchain, allowing users to maintain control of their own assets at all times. This eliminates the need for a central point of control, making DEXs more secure and resistant to hacking and other forms of fraud.