What Is a DEX?

A decentralized exchange (DEX) is a P2P marketplace that links buyers and sellers of cryptocurrencies. Decentralized platforms are non-custodial, in contrast to centralized exchanges (CEXs), meaning a user maintains ownership over their private keys when conducting business on a DEX platform. You can build your decentralized exchange platform on the blockchain network of your choice with the assistance of a reputable Decentralized Exchange Development Company.