A Hybrid Exchange

DPiXchange is considered a hybrid Exchange.

But what does that mean?

To understand more the concept of hybrid, we bring the definition of what a DEX and a CEX would be, and how it fits into our project.

WHAT IS A DEX?

DEX "Decentralized Exchange" are platforms where assets are bought and sold directly from users' wallets. In this way, the customer always retains possession of their Cryptocurrencies, obtaining full control, without having to leave their private key in the hands of third parties, as in Centralized Exchanges.

WHAT IS A CEX?

CEX “Centralized Exchange” are online platforms that allow the trading of Cryptocurrencies. This means you can buy or sell with fiat money (currency exchange) or crypto. It can also be seen as an online marketplace for the cryptocurrency network.

DPiXchange is a hybrid exchange because it provides its users with both types of services.