![What is liquidity? | Get Started with Bitcoin.com (3) What is liquidity? | Get Started with Bitcoin.com (3)](https://i0.wp.com/www.bitcoin.com/static/9f7452787db48a61ba5f80314294c030/b3010/get-started-what-is-a-dex.png)
What is a DEX?
A decentralized exchange (DEX) is a type of exchange that specializes in peer-to-peer transactions of cryptocurrencies and digital assets. Unlike centralized exchanges (CEXs), DEXs do not require a trusted third party, or intermediary, to facilitate the exchange of cryptoassets.
![What is liquidity? | Get Started with Bitcoin.com (6) What is liquidity? | Get Started with Bitcoin.com (6)](https://i0.wp.com/www.bitcoin.com/static/9f7452787db48a61ba5f80314294c030/b3010/get-started-what-is-a-dex.png)
What is a DEX?
A decentralized exchange (DEX) is a type of exchange that specializes in peer-to-peer transactions of cryptocurrencies and digital assets. Unlike centralized exchanges (CEXs), DEXs do not require a trusted third party, or intermediary, to facilitate the exchange of cryptoassets.
![What is liquidity? | Get Started with Bitcoin.com (9) What is liquidity? | Get Started with Bitcoin.com (9)](https://i0.wp.com/www.bitcoin.com/static/8d82d76be5be210e6d0f43bd8fdc2fcf/a68c0/get-started-what-is-decentralized-finance.png)
What is DeFi?
Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.
![What is liquidity? | Get Started with Bitcoin.com (12) What is liquidity? | Get Started with Bitcoin.com (12)](https://i0.wp.com/www.bitcoin.com/static/8d82d76be5be210e6d0f43bd8fdc2fcf/a68c0/get-started-what-is-decentralized-finance.png)
What is DeFi?
Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.
![What is liquidity? | Get Started with Bitcoin.com (15) What is liquidity? | Get Started with Bitcoin.com (15)](https://i0.wp.com/www.bitcoin.com/static/e8bae0cbfe661e791dd72515a95de3ff/b3010/get-started-dollar-cost-averaging.png)
Dollar-cost averaging
Learn how to protect yourself from big losses with this simple but powerful investment strategy.
![What is liquidity? | Get Started with Bitcoin.com (18) What is liquidity? | Get Started with Bitcoin.com (18)](https://i0.wp.com/www.bitcoin.com/static/e8bae0cbfe661e791dd72515a95de3ff/b3010/get-started-dollar-cost-averaging.png)
Dollar-cost averaging
Learn how to protect yourself from big losses with this simple but powerful investment strategy.
![What is liquidity? | Get Started with Bitcoin.com (21) What is liquidity? | Get Started with Bitcoin.com (21)](https://i0.wp.com/www.bitcoin.com/static/36d9eb047aac2786323dffaf494019d5/b3010/get-started-what-is-apy.png)
What is APY?
APY stands for annual percentage yield. It is a way to calculate interest earned on an investment that includes the effects of compound interest.
![What is liquidity? | Get Started with Bitcoin.com (24) What is liquidity? | Get Started with Bitcoin.com (24)](https://i0.wp.com/www.bitcoin.com/static/36d9eb047aac2786323dffaf494019d5/b3010/get-started-what-is-apy.png)
What is APY?
APY stands for annual percentage yield. It is a way to calculate interest earned on an investment that includes the effects of compound interest.
![What is liquidity? | Get Started with Bitcoin.com (27) What is liquidity? | Get Started with Bitcoin.com (27)](https://i0.wp.com/www.bitcoin.com/static/155c466dfce1da9d1e77223eaa87557d/4195d/get-started-stablecoin.png)
What are stablecoins?
Learn about the key US-dollar crypto 'stablecoins,' how they remain stable, what they're used for, ways to earn interest on them, and where to get them.
![What is liquidity? | Get Started with Bitcoin.com (30) What is liquidity? | Get Started with Bitcoin.com (30)](https://i0.wp.com/www.bitcoin.com/static/155c466dfce1da9d1e77223eaa87557d/4195d/get-started-stablecoin.png)
What are stablecoins?
Learn about the key US-dollar crypto 'stablecoins,' how they remain stable, what they're used for, ways to earn interest on them, and where to get them.
![What is liquidity? | Get Started with Bitcoin.com (33) What is liquidity? | Get Started with Bitcoin.com (33)](https://i0.wp.com/www.bitcoin.com/static/c0df4da1345572cfc912b8d1edf92b4f/b3010/get-started-what-are-nfts.png)
What are NFTs?
Learn about NFTs, how they work, examples of prominent NFTs, and much more.
![What is liquidity? | Get Started with Bitcoin.com (36) What is liquidity? | Get Started with Bitcoin.com (36)](https://i0.wp.com/www.bitcoin.com/static/c0df4da1345572cfc912b8d1edf92b4f/b3010/get-started-what-are-nfts.png)
What are NFTs?
Learn about NFTs, how they work, examples of prominent NFTs, and much more.