When you start in the crypto world, you will find yourself facing two main trading options: centralized exchanges (CEX) like Binance, and decentralized exchanges (DEX) like Uniswap. Centralized exchanges offer user-friendly interfaces, high liquidity, and fast execution, but they require you to provide personal information (KYC) and hold your funds in their wallets. On the other hand, decentralized exchanges give you complete freedom and full control over your funds, but fees can be high and liquidity may sometimes be low. For example, if you want to trade the ETH/USDT pair, you may notice a difference in price and fees between CEX and DEX. So, the choice of platform depends on your priorities: security and control or ease and speed?

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