Marina Protocol is a global Web 3.0 tutorial platform with learning materials.
It provides beginners with easy-to-use content and advanced interfaces for activities.
Users can take part in Web 3.0 projects and get rewarded for their experiences.
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To begin a quiz, open the Marina Protocol app, tap on “Learn & Earn”, and choose the correct answer.
In this guide, you’ll learn the answer to “What is the purpose of a “decentralized exchange (DEX)” in the blockchain ecosystem?” in Marina Protocol.
What is the purpose of a “decentralized exchange (DEX)” in the blockchain ecosystem?
Question: What is the purpose of a “decentralized exchange (DEX)” in the blockchain ecosystem?
Answer: To facilitate peer-to-peer trading without the need for a centralized authority.
Further reading
What is the purpose of the Difficulty Adjustment in the Proof of Work consensus algorithm?
What do we call financial services implemented on blockchain?
What do we call a system operated by individual participants?