A decentralized exchange or a DEX is a peer-to-peer marketplace that enables traders to buy and sell cryptocurrencies like Ethereum, Chainlink, Shiba Inu, Pepecoin and more. Unlike centralized exchanges (CEXs), DEX operate in a non-custodial manner, where traders retain control over their private keys during the transaction process.
A decentralized exchange like Tegro offer a range of benefits for crypto trading, including transparency, as all transactions are visible on the blockchain; decentralization, which eliminates a central authority and allows users to participate in governance; anonymity, enabling trading without KYC/AML checks and protecting personal information; and enhanced security, with reduced risks of hacks, thefts, and fraud due to the absence of a single control point and the use of smart contracts to mitigate counterparty and settlement risks.
Tegro is an orderbook-based decentralized exchange that delivers the ease of centralized exchanges on-chain. Some core features of Tegro: The CEX-DEX are: - Permissionless Markets: Trade any token market on Tegro, simply search by keyword or contract address to begin! - Non-custodial Orders: Enjoy control over your assets through the entire transaction cycle. Your Keys, Your Assets! - Orderbook Trading: Understand and leverage token market depth in real-time! - Limit/Market Orders: Trade any token at the best price always! - Gasless Order Creation & Cancellation: Create and cancel orders without consequences and worrying about platform fees! - Multi-chain Support: Trade efficiently across chains. Networks like Ethereum, Polygon, Avalanche, Arbitrum and BNB Smart Chain supported, with many more on the way! - MEV Bot Resistant: With a unique First Come, First Serve algo in place, Tegro protects your trades against frontrunning and sandwich attacks!