List of Decentralized Exchanges that Emerged in Early 2021 Outside of Ethereum with Affordable Fees

Early Decentralized Exchange on Ethereum

Thanks to decentralized exchanges, we can enjoy convenient trading without custody and know your customer (KYC). With Uniswap, trading becomes much more simpler with just the press of the button. Unlike centralized exchanges (CEX) where we need to:

1. Register and verify our email address.
2. Today, binding phone number for identity.
3. Setting 2FA for security.
4. Verifying identity by uploading identity document and taking a selfie.
5. Sometimes, proof of address for very strict exchanges.

in convenient decentralized exchanges (DEX) we only need to:

1. Choose a token and swap.