From crypto user's behavior of today majority of them show a willingness to use the DEX platform. The reason was that CEX limitedly lists tokens. However decentralized exchange showcases a wide variety of tokens. Also, DEX did not require KYC information to access alternatively it functions by connecting with a wallet. Moreover, it holds a swapping feature to interchange the preferred cryptocurrency and define a pathway to increase liquidity for the crypto assets. These are some scenarios occurring in DEX so it indicates crypto startups to launch a decentralized exchange platform
When planning to launch the DEX platform following things play a significant role
Smart contract Blockchain Technology Market research and analysis Ideas about DEX protocols Core requirements
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Published in 2024-9-27 20:54:21
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