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Benefits of Decentralized Exchanges

Explore the benefits of using a decentralized exchange like bulbaswap and test your knowledge with these questions.

What is the role of smart contracts in decentralized exchanges?

Verify user identities

Set trading fees

Facilitate peer-to-peer transactions

What is the primary benefit of using a decentralized exchange like bulbaswap?

Faster transactions

Lower fees

Increased security

all of the above

How do decentralized exchanges differ from centralized exchanges?

They require user identification

They are regulated by governments

They do not hold users' funds

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Thermodynamics

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