One of the advantages of using Decentralized Exchanges is independent control, as the user is responsible for their money at all times, with movements occurring directly from and to their own wallet, with the Exchange being just a means for the transaction. However, one must know very well what they are doing, as there are more risks of incurring losses due to scams or similar issues.
In the case of Centralized Exchanges, there is less control over the funds as they are entrusted to third parties for operations. However, the more developed platforms offer higher levels of security against scammers and incursions into risky transactions. They also tend to offer better conditions for transactionability in terms of fees. Another advantage that can be enumerated is the possibility of opting for savings or investment instruments that provide additional income in exchange for trusting the assets for established periods.
Broadly speaking, each has its pros and cons; it is up to each person to assess which is more convenient according to their particular requirements.
