How to Use a Decentralized Exchange (DEX)

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Centralized exchanges ask for ID. Decentralized exchanges (DEXs) don’t — and let you trade directly from your wallet.

🔄 What Is a DEX?

A DEX is a platform where users can swap crypto assets peer-to-peer, powered by smart contracts.

Examples:

  • Uniswap

  • PancakeSwap

  • SushiSwap

🧭 How to Use a DEX

  1. Connect your wallet (MetaMask, Trust Wallet)

  2. Select tokens to swap

  3. Approve transaction

  4. Confirm on blockchain

✅ Advantages

  • Full control of funds

  • No account needed

  • Huge variety of tokens

⚠️ Disadvantages

  • Gas fees (especially on Ethereum)

  • No customer support

  • You must know what you're doing

DEXs give you freedom — but you’re responsible for every click.

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