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OpenEX - OEX​

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Introduction to Decentralized Exchanges​

Decentralized exchanges (DEXs) are crypto exchanges designed to facilitate peer-to-peer transactions, eliminating middlemen like Coinbase, and thus reducing transaction costs. While much more anonymous than traditional counterparts, DEXs are becoming an essential part of the crypto landscape, contributing to the significant growth of the industry, as evidenced by the success of Coinbase and other centralized exchanges.

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