Currency Exchanges - 24 hour ATMs

There are 2 types of exchanges you need to know about.

1. Centralized Exchanges: Binance and Coinbase are a middle-men who need to custody your crypto for you to use them.
2. Decentralized Exchanges (DEX): Uniswap and Sushiswap are exchanges where software is the middle-man, instead of humans. No ID verification is required. Everything goes from and to your wallet, so you maintain custody of your crypto at all times.

• Your crypto goes in and out of your wallet, not a third party. You possess your crypto at all times, no third party needs custody it for you, so it can't be lost, taken away, seized.
• No limitations, restrictions, access your funds right away & do what you want with them.

• Buy crypto with physical currency (USD, GBP, EURO...)
• Some are insured if funds lost.
• Customer support (although not great)

Popular Decentralized Exchanges (DEX):

• Uniswap
• Sushiswap
• QuickSwap
• Balancer
• TraderJoe

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Lets Do DeFi ™ is a free DeFi educational resource and guide aimed to explain complicated crypto stuff to everyday folks.

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