DEX / Decentralized Exchange vs Slippage
Quick comparison to help you distinguish these two crypto terms.
DEX / Decentralized Exchange
intermediate
market_structure
A decentralized exchange is a blockchain-based trading platform that allows users to swap cryptocurrencies directly from their own wallets without a company holding their funds.
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beginner
market_structure
Slippage is the difference between the price you expected to receive on a trade and the actual price at which it executed, caused by market movement or insufficient liquidity.
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