BTC logo
BTC
$111,502.39
0.18%
ETH logo
ETH
$4,046.57
1.19%
USDT logo
USDT
$1.0005
0.04%
BNB logo
BNB
$1,181.70
0.09%
XRP logo
XRP
$2.4585
1.86%
SOL logo
SOL
$196.71
3.28%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3233
1.75%
DOGE logo
DOGE
$0.2001
0.95%
ADA logo
ADA
$0.6799
1.64%
HYPE logo
HYPE
$39.15
1.75%
LINK logo
LINK
$18.49
1.16%
USDE logo
USDE
$1.0001
0.04%
XLM logo
XLM
$0.3309
0.46%
BCH logo
BCH
$525.77
1.15%
SUI logo
SUI
$2.7208
2.84%
AVAX logo
AVAX
$22.22
0.65%
WBT logo
WBT
$42.26
0.10%
LEO logo
LEO
$9.6380
0.13%
HBAR logo
HBAR
$0.1834
1.52%
BTC logo
BTC
$111,502.39
0.18%
ETH logo
ETH
$4,046.57
1.19%
USDT logo
USDT
$1.0005
0.04%
BNB logo
BNB
$1,181.70
0.09%
XRP logo
XRP
$2.4585
1.86%
SOL logo
SOL
$196.71
3.28%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3233
1.75%
DOGE logo
DOGE
$0.2001
0.95%
ADA logo
ADA
$0.6799
1.64%
HYPE logo
HYPE
$39.15
1.75%
LINK logo
LINK
$18.49
1.16%
USDE logo
USDE
$1.0001
0.04%
XLM logo
XLM
$0.3309
0.46%
BCH logo
BCH
$525.77
1.15%
SUI logo
SUI
$2.7208
2.84%
AVAX logo
AVAX
$22.22
0.65%
WBT logo
WBT
$42.26
0.10%
LEO logo
LEO
$9.6380
0.13%
HBAR logo
HBAR
$0.1834
1.52%
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What Is a DEX? How Decentralized Crypto Exchanges Work

DEXs charge users much lower fees than their centralized counterparts, but can be much more difficult to navigate and use.

By Benedict George
Updated Nov 16, 2022, 6:32 p.m. Published Feb 11, 2022, 4:01 p.m.
(Getty Images)
(Getty Images)