← Glossary
DEX
A decentralized exchange that lets you trade crypto directly from your wallet.
A DEX (Decentralized Exchange) lets people trade tokens directly from their own wallets via smart contracts — no company holding your funds, no account sign-up.
This is the opposite of a centralized exchange (CEX), where a company custodies your coins. DEXs give you more control but require you to manage your own wallet and keys.