** Decentralized financial
The cryptocurrency world has gone a long way from its beginning in 2009. Based on the fact that it is a niche on the market and ends with the main phenomenon, it has developed significantly over the years. Decentralized Funding (Defi), Blockchain Explorers, Dex Dex (Dex) and many exchange platforms (MEXS) have changed our investment, trade and interaction with cryptocurrency.
What is cryptocurrency?
It is important to understand what cryptocurrency is before immersing its different components in the world. Cryptocurrency is a digital or virtual currency that uses cryptography for security purposes and is decentralized, which means that they are not controlled by any government or financial institution. The most widely used cryptocurrency is Bitcoin (BTC) and other famous players are Ethereum (ETH), Litecoin (LTC) and Monero (XMR).
Crypto: What does that mean?
Crypto, a colloquial term, refers to the entire field of digital currency and blockchain technology. This includes not only cryptocurrencies such as Bitcoin, but also decentralized programs (DAPP), which are created on Ethereum. The use of cryptographic methods for safe transactions is becoming increasingly popular with investors, merchants and enthusiasts.
BLOCK Explorer: Cryptocurrency Operations Manager
Block Explorer is a tool that allows users to visualize and analyze the real -time cryptocurrency operations. This provides insight into the flow of funds on various blockchain networks, with the help of users to set trends, models and potential security risks. Block Explorers often offers features such as:
- Observation in Operation: Past, Current or Subsequent Operation Images to a particular Block.
Network data: insights on block size, mining speed and other network metrics.
- User Authentication: User Identity Test using various methods (eg cash checking, IP address).
Some popular block researchers are:
- Blockchain.com
- Blockcyer
- Circuit analysis
dexs: decentralized exchange at the fingertips of the fingertips
Decentralized Exchange (DEX) is a platform that allows consumers to buy, sell and sell cryptocurrencies without traditional mediators such as brokers or securities. Dexs operates on blockchain networks and use intellectual contracts to automate operations.
The popular Dex platforms are:
- Uniswap
- Suswap
- Curve
Dexs offers several benefits including:
- Reduced fee: Direct trade prevents third parties’ expenses.
- Increased security: Active automation protection measures for an intellectual agreement.
- Increased liquidity: Access to a wider range of cryptocurrencies through colleagues’ trade.
MEXS: Several cryptocurrency trading exchange platform
The multifaceted exchange platform (MEX) is an online exchange that allows consumers to trade several cryptocurrencies at the same time. MEXS facilitates colleagues’ operations, allowing consumers to buy and sell cryptocurrencies directly without centralized exchange.
Popular MEX platforms contain:
- Binance
2.
- Bitfinex
Mexs offers several benefits including:
- Comfort: Direct trade eliminates the need to move from the exchanges of different securities.
- Increased liquidity: access to several markets through colleagues’ trade.
3 lower taxes: Reduced costs due to reduced operations taxes.
Conclusion
The cryptocurrency world has come a long way since its establishment. From decentralized finance (Defi) and Blockchain Explorers to Dexs and Mexs, the landscape is constantly evolving.