What are the requirements to build a decentralized exchange (DEX)?
Decentralized exchanges offer the p2p crypto trade exchange without the involvement of third parties as an intermediator. Traders feel secure in the Decentralized exchanges because transaction details & and private details are not in centralized hands. No need to pay the extra charges or commission in DEX.
Benefits Of Decentralized Exchanges:
- Instant Exchange is possible
- No involvement of Third parties
- No need to store private details on admin wallets
Cost to Develop The DEX
Generally, if you are going to start your own Decentralized Exchange platform the approximate cost would be 8k to 35k $. It may vary depending on our requirements.
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