@CryptoSorted 30 March 2021 more from that month

Did you know that an automatic market maker (AMM) is a type of decentralized exchange (DEX)? The only difference between the two is that trading on a regular DEX requires counterparties but AMMs doesn't need counterparties for a trade to happen. Interestingly, an AMM can be centralized. It doesn't necessarily have to be decentralized. An example of a centralized AMM is cctip.io #Cryptocurrency