Centralized exchanges (CEX) and decentralized exchanges (DEX) offer different approaches to crypto trading. CEX platforms like Binance provide high liquidity, fast transactions, and user-friendly interfaces, but require trusting a third party with your funds. DEXs such as Uniswap operate on blockchain, giving users full control over their assets and increased privacy. However, DEXs might face lower liquidity and slower transactions. Choosing between CEX and DEX depends on your priorities: security and decentralization or speed and convenience. Both have unique advantages that shape the crypto trading landscape.
