#CEXvsDEX101 exchanges are the places where you can buy or sell cryptocurrencies. Whether you are a beginner or an experienced trader, you have several options. Most cryptocurrency trading occurs on these digital exchanges. Binance, Coinbase, Uniswap, and others are likely familiar names. Most are centralized and operate under the same business model as traditional institutions. However, a growing number of people are opting for decentralization and reconsidering how exchanges operate. The advantages and disadvantages of each type are discussed here.