Decentralized Exchange (DEX)
A Decentralized Exchange refers to a cryptocurrency exchange that runs without a central authority. It is classified as a peer-to-peer exchange network that permits users to purchase and sell crypto tokens and other assets without the need of a central third party to mediate the transactions.
Signing up for a decentralized Exchange is easy in that all the interested party has to do is sign up using his or her email, formulate a strong password, and undergo verification. Once all these are accounted for, the user may already start trading cryptocurrencies through the exchange.
Admittedly, despite the ease of registering, Decentralized Exchanges are tricky to learn through. But with the technology constantly innovating itself, it is highly likely to become intuitive.