The Benefits of Decentralized Cryptocurrency Exchanges

The Benefits of Decentralized Cryptocurrency Exchanges

Assessment

Interactive Video

Business

University

Hard

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The video discusses the benefits of decentralized exchanges, particularly in reducing hacking risks. It explains how Ethereum's smart contracts enable atomic asset transfers, maintaining user control. Airswap is highlighted as a decentralized platform with no fees, using a token model for access. The regulatory environment is evolving, with decentralized exchanges facing lighter regulations due to lack of asset custody. Despite market volatility, interest in blockchain technology and platforms like Airswap remains strong.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Airswap differ from traditional exchanges in terms of fees and roles?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do decentralized exchanges face regarding centralization and regulatory compliance?

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