The term 17258955359 refers to a basic comparison for beginners between two types of platforms used in cryptocurrency trading: centralized exchanges (CEX) and decentralized exchanges (DEX). Here is a simplified and clear guide:

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⚔️ 17258955359 – The difference between centralized and decentralized platforms

🔵 CEX – Centralized Exchanges

✅ Examples: Binance, Coinbase, Kraken

👥 Managed by a company or central entity

🪪 Often require identity verification (KYC)

💼 Provide high liquidity and fast execution

🔐 The platform controls your funds (you do not own the private keys)

🧰 Advanced trading tools (margin, futures, stop-loss...)

🔴 DEX – Decentralized Exchanges

✅ Examples: Uniswap, PancakeSwap, dYdX

🕸 Operate without a central intermediary, through smart contracts

🆓 Often do not require identity verification (free and anonymous trading)

🔐 You hold your wallet and private keys – "your keys = your coins"

💧 May suffer from low liquidity for some pairs

📈 Simple interfaces, but some have become advanced like CEX

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⚖️ Quick Comparison

Criterion CEX DEX

Custody Funds held on the platform Funds held in your wallet

Security Vulnerable to hacking or freezing Safer but your responsibility

Privacy Identity verification required Does not often require KYC

Liquidity Higher Lower for some coins

Fees Usually lower Sometimes high due to gas

Ease of Use Easy for beginners Can be complex for some