Cryptocurrency exchanges come in two main types: centralized (CEX) and decentralized (DEX). CEXs are like traditional exchanges, managed by a company, user-friendly, and suitable for beginners and large traders. DEXs are decentralized, offering more security and privacy but can be complex.
Currently, there's a hybrid trend merging the best of both worlds, combining DEX security with CEX ease and liquidity. This new trend, exemplified by platforms like Bitget Swap and Binance, aims to enhance the trading experience. Which type of exchange do you prefer? Share your thoughts. (Edited)