1. CEX – Centralized Exchanges:
Such as: Binance, Coinbase
- Requires account registration.
- The company controls your funds.
- Easy to use, suitable for beginners.
- Less privacy.
2. DEX – Decentralized Exchanges:
Such as: Uniswap, PancakeSwap
- Does not require registration or verification.
- You always own your funds (not secure).
- More privacy and transparency.
- Requires more technical knowledge.
Tip 🌟 :
If you are a beginner, start with CEX.
If you are looking for privacy and full control over your funds, try DEX.
