Herman decentralized digital asset exchange
one of the core advantages of decentralized trading is to avoid any assets being entrusted. You have absolute ownership and control over your own assets. The possibility of asset theft is extremely low, which greatly reces the trust cost of users on the exchange
from another point of view, with the implementation of blockchain applications, we have more and more digital assets at the same time, and we need to pay different tokens when using services. In this case, cross currency trading will become more and more frequent, and the process of realizing this transaction needs to rely on the mechanism of decentralized exchange
therefore, the decentralized exchange will have a bright future. Among all the decentralized exchanges, whaleex is my favorite. It not only has fast trading speed, but also does a very good job in security performance. Among all the exchanges at present, I think it is the best one. I don't have to worry about stealing or losing money when I put money in it. Their smart contracts are through security audit, and they will also support cross chain and legal currency OTC. If they grow up in this bear market, they will be a giant. I am very optimistic about its prospects& quot;
No
all transactions of European Union are virtual currency transactions
in a decentralized exchange, users' assets are directly held in their wallets, which greatly reces the risk of loss of users' assets caused by theft or running away from the exchange. Matchmaking transactions completed through smart contracts and settlement and clearing completed on the chain not only enhance transparency, but also greatly rece dependence on central media
decentralized exchanges include all the decentralized value and asset exchange methods. Due to the lack of trust, in many existing trading scenarios, various forms of centralized exchanges are needed to provide trust guarantee, and blockchain technology will rece the cost of trust by building shapeless decentralized exchanges, Graally reshape the old value exchange system
extended materials:
precautions:
1. The real holder of digital assets is the user himself. He has absolute ownership and control over his own digital assets. He will not lose his own assets e to the theft of the exchange, which ensures the security of digital assets
2. Through open source smart contracts, asset custody, matchmaking and asset clearing are all put on the blockchain
3. Using smart contract to realize the trading mechanism of decentralization and distrust solves the internal operational risk, business moral risk, asset embezzlement and other risks that seriously affect the user's asset security caused by human factors in the centralized exchange
4. Because the user's account key is controlled in their own hands, the hacker attack is technically changed from centralized attack to decentralized attack on personal accounts, resulting in the decline of profit margin and the improvement of relative security
reference source: official website of decentralised exchange - decentralised exchange
reference source: official website of eunex - eunex
