When transferring currencies between two accounts with the conventional financial system, an intermediary is often necessary to facilitate a transaction. Furthermore, these platforms are often referred to as centralized exchanges as they’re based on a centralized system. In contrast, a decentralized exchange, or a DEX, rather emulates the functionalities of a centralized exchange but is based on a decentralized system. What this basically means is that the back-end of these exchanges exists on a blockchain.
- Setting up a Moralis server.
- Installing the 1inch DEX plugin.
- Creating an HTML file.
- Creating a JavaScript file.
- Assigning functions to each event.
- Integrating Unstoppable domain login.
- Deployed the project in IPFS.