Point | Details
Centralized exchanges dominate trading volume | Handle 85-90% of global volume but introduce custody risks-basically, they’re holding your crypto like it’s their own snack stash.
Decentralized exchanges prioritize user control | Operate via smart contracts, so you get to keep your assets like a jealous ex who won’t let go.
Hybrid exchanges balance speed with security | The Goldilocks of crypto-not too risky, not too slow, just right for the cautious trader.
Peer-to-peer exchanges serve underbanked regions | Perfect for those who want to bypass banks like they’re dodging a bad date.
Selection depends on individual priorities | Your security needs, trading style, and location-because let’s face it, not all exchanges are created equal.