DEX (Decentralized Exchanges) and CEX (Centralized Exchanges) are two primary platforms for trading cryptocurrencies, each with unique features.  

A **DEX** operates on blockchain technology, enabling peer-to-peer trading without intermediaries. This ensures higher privacy, greater control over assets, and reduced reliance on third parties. Examples include Uniswap and SushiSwap. However, DEXs may have slower transactions and higher fees during network congestion.  

A **CEX**, like Binance or Coinbase, is managed by a company offering faster trades, advanced features, and user-friendly interfaces. While more convenient, it requires users to trust the exchange with their funds.  

Choose based on your priorities: control or convenience!