Harry 
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hi bloomies welcome to bloom Academy do you know how people trade crypto without any middlemen keeping their personal details private and taking full control of their cryptocurrency two words decentralized exchanges and trust me once you get it you may not want to go back so here's the deal aex is a place where you can trade crypto on your own and where everything happens directly between users you know the Amazon's cashier free shop where you just grab whatever you want and the tech does the rest well it's basically the same here in aex there's no Central Authority calling the shots it's all powered by smart contracts sounds fancy but really it's just a code that automatically does the trade for you when both sides are in agreement now let's imagine you're using a traditional exchange you'd probably have to sign up hand over your ID and pray the platform doesn't get wrecked by hackers but on a DEX no ID no private info just you your coins and Total Control dexes aren't just about privacy they're also way more secure since your coins aren't sitting in some company's Vault there's no Central Point for hackers to attack everything happens on the blockchain so every move is visible and you're not playing by anyone else's rules but dexes do have their quirks you'll need to know how to handle a wallet interact with smart contracts and pay gas fees and yeah sometimes the liquidity is low yep the learning curve is real but once you get it you're in the driver's seat plus decks are leveling up fast new platforms Slicker designs more liquidity it's only getting better so if you're ready to dive into the world of defi understanding decks is a huge step forward to get started you'll need a wallet something like metamask or ton keeper if you're on the ton Network load it up with the tokens you want to trade head over to your chosen decks and once you connect your wallet you're ready to roll just choose the token you want hit Swap and let the smart contracts do their magic that's all for today like subscribe and I'll catch you in the next video bye
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