#中心化与去中心化交易所

What is the difference between centralized and decentralized exchanges?

Centralized exchanges (CEX) like Binance are easy to use and have high liquidity, making them suitable for beginners; however, assets are held by the platform and KYC is required.

Decentralized exchanges (DEX) like Uniswap require no registration, assets are controlled by the user, and they have censorship-resistant characteristics, but they are more complex to operate and the risks are borne by the user.

In simple terms:

👉 If you want to get started quickly with full functionality, use CEX

👉 If you value asset sovereignty and don't want restrictions, use DEX

Both have their advantages, so it is most important to choose flexibly based on your needs!

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