Top Decentralized Finance (DeFi) Coins by Market Cap

A decentralized crypto exchange (DEX) is a platform that allows users to trade cryptocurrencies directly with each other without relying on a central authority. It supports decentralized coins by enabling peer-to-peer transactions on a blockchain, potentially providing greater privacy and control over assets. On the other hand, centralized exchanges, such as CEX.IO, are less anonymous (require KYC), but provide a potentially safer and less complex environment for enthusiasts looking to buy Hyperliquid (HYPE) and other DEX-based assets. 

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FAQ

A decentralized crypto exchange uses smart contracts to automate trades between users’ wallets. This potentially ensures that decentralized coins can be exchanged securely and transparently, without intermediaries, often resulting in lower fees. Conversely, centralized exchanges like CEX.IO offer greater liquidity, faster trade execution, and enhanced security measures. Users looking to buy Stellar Lumens (XLM) and other DEX tokens can take advantage of an intuitive interface, a regulated trading environment, and dedicated customer support, features that make centralized platforms a preferred choice for many traders, especially beginners.

Eligible users can buy Uniswap (UNI) and other DEX-based tokens on almost any decentralized and centralized platforms, including CEX.IO. Before registering, make sure the exchange of your choice supports the desired cryptocurrency and holds appropriate licenses to operate in your country. 

CEX.IO offers multiple pathways to buy Jupiter (JUP) and other decentralized tokens. Tailored to beginners and experienced traders, Instant Buy is the most intuitive and convenient gateway to acquire DEX-based tokens. Here’s how to get started: 

  1. Log in to your CEX.IO account or create one if you haven’t already, to receive a free crypto wallet
  2. Head on to Instant Buy from your dashboard or under the Products menu. 
  3. Specify the fiat currency you want to use to buy cryptocurrency. We currently support EURUSD, and GBP
  4. Specify the amount of fiat you want to spend or the amount of crypto you wish to obtain. 
  5. Choose the decentralized-based asset you want to acquire. Use the dropdown menu or search bar to find the cryptocurrency you wish to purchase. Type JUP for Jupiter or CAKE if you're going to buy Pancake Swap
  6. Click Buy Crypto Instantly
  7. Select your preferred payment method.
  8. Enter the required financial details depending on the selected funding gateway. 
  9. Complete your DEX token purchase as instructed on the screen. 

Yes, you can trade any decentralized crypto you’ve purchased on CEX.IO. You can choose between traditional trading (Spot Trading) or trading with up to 10x leverage (Margin Trading). Before deciding, make sure to buy Raydium (RAY) or other DEX tokens you prefer in enough quantity to meet the minimum trade requirements and effectively manage your positions. 

Yes, you can easily sell crypto on CEX.IO. You can either use Spot Trading/Margin Trading and sell your DEX tokens under potentially more favorable market conditions or exchange them directly for other crypto and fiat currencies using our Crypto Converter

Just as you can easily buy THORChain (RUNE) and other DEX-based tokens, you can also withdraw your holdings securely to an external wallet, credit/debit card, or bank account. To transfer crypto to an external wallet, simply find RUNE in your wallet and choose Withdraw. Then, you need to enter the recipient's details and wait until the transfer is completed. To cash out, you need to convert your RUNE holdings to fiat, find the fiat currency with balance within your wallet, click Withdraw, and specify your preferred cash-out method under the Select Destination tab.  

At CEX.IO, you can buy Deep AI (DEEP) and other DEX or non-DEX tokens and spend them seamlessly for in-store and online purchases as any other fiat currency with our Crypto Debit Card. This card works just like any other Visa- or Mastercard-issued card and is available exclusively to the European Economic Area (EEA) participants. 

The best decentralized crypto exchange tokens include Hyperliquid (HYPE), Stellar Lumens (XLM), Uniswap (UNI), and Jupiter (JUP). However, a few more deserve to be on the top decentralized coins list, like PancakeSwap (CAKE), Raydium (RAY), THORChain (RUNE), Gnosis (GNO), and 1inch Network (1INCH). You can buy Gnosis (GNO) or any other cryptocurrency from this list on CEX.IO with credit/debit cards or other preferred payment methods available in your region. 

Availability of decentralized exchange coins depends on your jurisdiction and the licenses held by the exchange you use. We recommend checking our website to see if you can buy 1inch Network (1INCH) or other DEX-based tokens from your location, ensuring full compliance with local regulations.

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