In the crypto universe, two main types of platforms coexist: CEX (centralized exchanges) and DEX (decentralized exchanges). CEXs, such as Binance or Coinbase, offer clients and high liquidity.
In contrast, DEXs, like Uniswap or PancakeSwap, operate without intermediaries, providing more freedom and control to the user. Each option has its specific features, depending on the needs: speed, security, anonymity, or accessibility. Knowing how to differentiate between these two types of platforms helps to better navigate choices and adapt strategies based on priorities.