What is Uniswap Exchange & How it works?
Decentralized exchanges or DEXs have many advantages over centralized exchanges (CEX) regarding security, cost efficiency, and privacy. They typically do not rely on third-party platforms for operations and feature anonymity for its users. Uniswap is one such Decentralized Exchange. Meaning, no single entity owns it. It uses a protocol called Automated Liquidity Protocol. Even though …