The Decentralized exchange/trading can be done directly between two customers through a peer to peer network and this can be achieved by using proxy tokens, multisignature systems and many other technologies.
The problem of security and trust in the centralized one can be solved with the decentralized exchanges. Thus decentralized exchanges are trustless in nature as we are not required to have faith on the third party. All funds can be controlled by us in our personal wallet itslef.
These exchanges offers high range of privacy as users do not need to share their any personal details to the other traders. Security, anonymity and hacking resistance are some of the factors that makes decentralized exchanges to be more efficient method of trading in cryptocurrencies. Hope you have gotten a good idea on why decentralized exchange is better than other traditional method of trading.
Well, so you have decided to build and operate your own cryptocurrency exchange platform?
Okay then you are on the right track already!
We at coinjoker, look to provide our customers with world class decentralized cryptocurrency exchange software. Our decentralized exchange script offers 100% solid security & customized business modules which encourage entrepreneurs who have an idea to start their own cryptocurrency exchange trading platform. Our team would be happy to help you!!
Know more about our decentralized software development services here --> https://www.cryptoexchangescript.com/decentralized-exchange-script