Apr 23, 2021
1 min read
How DEX works
DEX’s operation includes 03 steps as follows:
Step 1: Connect with crypto wallet
The users do not need to creat an account, only need to connect the private wallet with the exchange.
Step 2: Make a transaction
After connecting with the wallet, normally, the users will buy/sell on the exchange based on cryptocurrencies supported by the exchange. This buying-selling process that the users can make a transaction together without a central Server of the exchange.
Step 3: Disconnect with the exchange wallet
After finishing the transaction, the users can disconnect the private wallet and exchange to ensure the security of their own asset.
#EF1 #EF1Finance #coin #crosschain #pos #defi #staking #swap #yeildfarming #dapp
