#中心化与去中心化交易所 Centralized Exchanges (CEX) - Like banks, but wilder!

Platforms like Binance and OKX, deposits are instant, trading is smooth, and beginners can dive in with their eyes closed! But be careful - your money is actually in the exchange's pocket; when hackers clean out everything (the Mentougou incident lost 15 billion) or the boss runs away (FTX's warning ⚠️), you won't have time to cry!

Decentralized Exchanges (DEX) - Your money, your control!

Uniswap and PancakeSwap use smart contracts for automatic trading, with your private key in hand, assets are never 'custodied'. But the cost is: slow as a snail (when Ethereum is congested), transaction fees are painfully high, and newcomers might even lose their wallets.