Crypto exchanges act as the foundation of the cryptocurrency market, allowing users to buy, sell, and trade digital assets.

Crypto exchanges come in two primary forms: centralized and decentralized platforms.
Centralized exchanges (CEXs) operate like traditional financial institutions, providing user-friendly interfaces and assistance to users.
The downside is the reliance on the exchange for fund storage, which increases exposure to hacks.
On the other hand, decentralized exchanges (DEXs) enable users to transact independently. Relying on decentralized infrastructure, recent post by Egresadosudistrital DEXs prioritize user control but can be complex to navigate.

To select the right crypto exchange, users must assess usability, safety, and costs. Knowledge of both types ensures better crypto experiences.