Markets
Platforms
Accounts
Investors
Partner Programs
Institutions
Contests
loyalty
Trading Tools
Resources
A decentralized application (dApp) is software that runs on a decentralized blockchain network instead of a central server. It operates autonomously, using smart contracts, which are self-executing contracts where the terms of the agreement are written directly into code. dApps are popular for their transparency, security, and resistance to censorship, as they don't rely on a single point of control. dApps can be used for various applications, such as finance, gaming, and social media.
Uniswap, a decentralized exchange (DEX), allows users to trade cryptocurrencies directly from their wallets without intermediaries, making it a prime example of a dApp.
• Operates on blockchain, ensuring transparency and security.
• Uses smart contracts to automate processes.
• Resistant to censorship and tampering.
Traditional apps rely on centralized servers, while dApps run on decentralized blockchains, giving users more control and privacy.
dApps use blockchain’s cryptographic security features, making them resistant to hacks and unauthorized tampering.
Yes, dApps are often open-source, and developers can build on existing code or create new decentralized applications.
Start Your Journey
Leverage your insights and take the next step in your trading journey with an XS trading account.
