When talking about trading in the world of cryptocurrencies, we find ourselves faced with two main options: centralized exchanges (CEX) and decentralized exchanges (DEX). Centralized exchanges like Binance offer user-friendly interfaces and advanced support services, but they require identity verification. On the other hand, decentralized exchanges like Uniswap do not require verification and provide higher privacy, but they can be challenging for beginners. Personally, I use CEX for ease and speed, and I sometimes turn to DEX to take advantage of some new coins or small projects. Each type has its place depending on the need.

#CEXvsDEX101