Centralized and decentralized exchanges are two ways to trade cryptocurrency. Centralized exchanges like Binance or Coinbase are easy to use, fast, and support regular money. They offer customer support but require kyc and hold your funds, which can be risky if hacked. Decentralized exchanges like Uniswap let you trade directly from your wallet. They offer more privacy, lower fees, and you control your funds. However, they can be slower, harder to use, and have less trading activity. If you prefer a simple, beginner-friendly option,#CEX are better. If you value privacy and control, #DEX are a good choice.
