On-chain exchanges are revolutionizing cryptocurrency trading by offering decentralized, transparent platforms where users maintain custody of their assets through smart contract-enabled transactions.
These platforms eliminate traditional exchange risks while providing enhanced security, lower fees, and global accessibility, though they face challenges in scalability and user experience.
Reasons to Read -- Learn:
how on-chain exchanges solve major security vulnerabilities of traditional crypto exchanges, including prevention of large-scale hacks and elimination of custodial risks
specific technological innovations driving on-chain exchanges, including smart contracts, decentralized liquidity pools, and Layer 2 scaling solutions that enable secure peer-to-peer trading
step-by-step process of developing an on-chain exchange, including blockchain selection, smart contract development, and liquidity pool integration
4 min readauthor: Aman Amarwal
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