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RE: Why decentralized exchanges are the future, and my journey through the pure chaos over the years
It is complicated, but there are centralized exchanges that we all use and decentralized ones that a few of us use. The earliest ones I think were NXT and then Counterparty. You would have to research any of them individually. https://crypto-bridge.org/ https://openledger.info/ https://wavesplatform.com/ (Here are three good ones live now)