Purcow
Key data
data refreshed every 10 minutes$148.41M / 24hPurcow is a decentralized exchange (DEX), meaning it lets users trade crypto directly from their own wallets without handing assets over to a central custodian. It was founded in December 2017, putting it among the earlier wave of decentralized trading platforms. This page gives you a quick overview of what Purcow is and what to keep in mind before using it.
Frequently asked questions
What is Purcow?
Purcow is a cryptocurrency exchange that operates on a decentralized model. Instead of holding users' funds in central wallets, it facilitates peer-to-peer trading directly between participants. It has been active since late 2017.
Is Purcow a centralized or decentralized exchange?
Purcow is a decentralized exchange (DEX). This means users keep control of their private keys and funds throughout the trading process. It's a fundamentally different setup from centralized exchanges that require deposits into company-controlled wallets.
When was Purcow founded?
Purcow was founded in December 2017. That makes it a veteran by DEX standards, as most decentralized platforms emerged later. Its age may be worth considering alongside its current activity and liquidity.
What should users pay attention to when using Purcow?
As with any DEX, check liquidity for the specific pairs you want to trade, since it can vary significantly. Also verify the platform's current status and security track record, and remember that decentralized trading means you're responsible for your own wallet security.