That is to say, for crypto traders there two major types of crypto exchange platforms are available. That is a centralized and decentralized exchange platform. CEX contains the following things Surely required KYC Transactions happen in the fastest Trading was happening via exchange It functions under regulation Decentralized Exchange script contains the following beneficial terms Crypto trading happens in an anonymous way Collect low fees for doing activities on the platform Trading happens in a P2P way Both are useful for crypto traders just cut them into two types by giving a preference shown by them.