Crypto Exchanges Guide
Learn how centralised and decentralised exchanges operate, and what to consider when comparing platforms.
Crypto Exchanges Guide
Centralised Exchanges (CEXs)
Operated by companies that act as custodians of your assets. They provide order books, fiat on-ramps, and customer support. Examples: Binance, Coinbase, OKX, Kraken. Risks: counterparty risk, regulatory action, hacks.
Decentralised Exchanges (DEXs)
Smart-contract-based trading without a custodian. You retain control of your keys. Examples: Uniswap, Curve, dYdX. Risks: smart contract bugs, no fiat on-ramp, higher complexity.
What to Compare
- Trading fees and fee structure
- Supported assets and trading pairs
- Available jurisdictions and regulatory status
- Security history and insurance
- Withdrawal limits and KYC requirements
- Customer support quality
Always verify the regulatory status of any platform in your jurisdiction before registering. Not all platforms are available in all countries.
⚠ Disclaimer: This guide is for educational and informational purposes only. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency markets are highly volatile. Always conduct your own research and consult qualified professionals before making financial decisions.