Flippening - For Cryptocurrency Investors (bitcoin, Ethereum, And Cryptoasset Investing)

Daily Clip: Decentralized Exchanges w/ Alex Wearn of IDEX (#10)

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Synopsis

Welcome to Daily Wisdom, a daily crypto podcast from The Flippening. These episodes feature short, to-the-point clips from our full-length interviews. We talk with the men and women behind the trades, crypto exchanges, regulations, and crypto market cap movements with the goal of helping you become a better, more informed investor. Today’s episode is from a 2018 conversation with Alex Wearn, co-founder and CEO of IDEX, one of the top decentralized exchanges on Ethereum. We discuss decentralized exchanges – what they are, how they benefit users, and the challenge of transitioning users to a mental model that doesn’t include a signup or password. For the full conversation, check out Flippening episode 33. Sponsors Crypto Loans by Nexo Nexo is the only lender offering INSTANT crypto credit lines, which let you use digital assets as collateral to get cash in 45 fiat currencies and stablecoins. Annual interest rates for credit lines are now starting at just 5.9% - which may very well be the lowest borrowing rat