Centralized exchanges (CEX) are popular platforms for their ease of use, high liquidity, and customer service. They are ideal for beginners but require trusting an entity that controls the funds and data. On the other hand, decentralized exchanges (DEX) offer greater privacy and total control over your assets, as they do not rely on intermediaries. However, they tend to have lower liquidity, less user-friendly interfaces, and may involve greater technical risks. Which is better? It depends on your needs: if you value convenience, a CEX may be ideal; if you prioritize autonomy and decentralization, a DEX may be the way to go.
