Shariq Raja

2017 was the year when the rise of centralized cryptocurrency exchanges happened. Bittrex, Binance and Okex saw huge chunks of volumes with tens of new coins listing every day. While last year has been a bed of roses for everyone when people money got multiplied almost ten folds on an average level. The roses came with acanthine, and soon after the rise of volumes together with the influx of money was an opportunity for hackers too. The centralized exchange although makes the whole network regulated but the concentration of money in a few wallets and the backing of those wallets in few hands increases chances of hack attempts too. Soon after tens of hacking attempts, few tech gurus came up with decentralized (DEX) exchange idea. A decentralized exchange (DEX) works in an exactly opposite manner than that of the centralized exchange. Here, any coin can get listed if it carries ERC20 base. A number of projects once faced the extreme financial crunch in order to be listed on the centralized exchange, DEX, on the other hand, doesn’t cost you anything; it’s totally free but as we say there are no free lunches per say. With Free of cost, the listing comes the issue of lack of trust and integrity since DEX is an open platform; it’s available for each and every one can make it to DEX and any coin can get listed over there. Crytpoa.com will strive to lead the way to improve the overall trading experience of a Trader.