#中心化与去中心化交易所

Centralized Exchanges (CEX) - like banks, but wilder!

Platforms like Binance and OKX allow for instant deposits and seamless trading, perfect for beginners to dive in without a second thought! But beware - your money is actually in the exchange's pocket; if hackers strike (like the Mentougou incident losing 15 billion) or the boss runs away (FTX crash warning ⚠️), it will be too late to cry!

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

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