The Decentralized world has brought about a big change in the financial world and also the world of blockchain tech is revolutionizing and evolving, becoming better by the day.
In this X space, a lot was said about the world of centralized exchange and the world of Decentralized exchange. While I had my own take on this, I've also learned a lot about exchanges and many other vital pieces of information that need to be known.

We all have seen transaction fees from centralized exchanges as a normal thing in transacting coins to coins, buying and selling of coins and many other things. The fees they charge is kinda outrageous but because we really need to get some transactions done or there is dire need to sell and buy, we have no choice but to concur with their terms while losing a lot on our side.

Decentralized exchanges on the other hand is much of the real deal. I love how Theycallmedan explained a little but a lot on my side about decentralized exchanges and how charging of zero fees can be a possibility or what needs to be put in place to be able to transact seamlessly. According to the topic above, we can see that the real goal of the podcast is to transact coins more importantly the father of crypto coins (Bitcoin) without having to pay a dime. Zero fees in payment for transacting, that will be a dream come true for people transacting coins with so much fees in the centralized exchange.

Moreover, the security and credibility of decentralized exchange is quite more trustworthy than centralized Exchange. Centralized exchanges have the potential to close or crash anytime; that's quite the opposite for decentralized exchange. Exchanges on Hive is a very good example I've experienced.

A Very Good example of this Decentralized and zero fees exchange is the one introduced to us during the Space. Of course I'm a curious cat and I tried it out. Logged in with my Hive keychain and the UI was quite good. Though I would still implore them to do better in the sleekness of the website as well as how fast it will be to transact coins and other needed things on it. Apart from all that it's all good and captivating to use.

This website also surprises me with a feature it has and I'm quite sure it will be of great use soon. Swapping from BTC to Hive and vice versa. Quite fascinating.
I would implore you all to check it out here

Cheers🥂 and see you in my next post.

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