A decentralized exchange is a type of exchange market where trading is controlled by the participants. Trading is directly carried between the traders in a decentralized environment powered by white label crypto exchange software. In this type of exchange, the trading is done peer-to-peer that is carried out through an automated process.
Moreover, the traders need not worry about the transaction being done without an intermediary or third party. They can study the trading platforms and carry out the buying and selling of cryptos through white label cryptocurrency exchange software. Decentralized exchange involves distributed applications and ledger protocols.
Since the transaction is carried out between the buyer and seller only without any third party, hackers cannot perform malicious activities comfortably, and its impact will be minimal.