Let’s be honest: the world of crypto can be confusing if you’re looking to dig deeper than Bitcoin or Ethereum.
Heck, even if you’re looking to follow Tesla (TSLA) – Get Report CEO Elon Musk when it comes to his bullish stance on dogecoin, then the space gets slightly more confusing.
So, let’s demystify it a little bit.
Daniel Roberts, editor-in-chief of Decrypt, joined TheStreet to tackle some viewer questions.
One such question focused on traditional versus decentralized crypto exchanges.
Okay, if I lost you there then let’s put it this way: Coinbase versus DEX.
DEX allows those who want to make a transaction to execute it without a middle man, such as a market maker. However, Coinbase–which is a centralized exchange, will use middlemen to execute the trade.
Watch the full interview with Roberts: