not all exchanges are the same let me give you the lowdown centralized exchanges are your traditional middleman platforms super easy to use but yeah you're putting trust in them to handle your trades want more control decentralized exchanges let you trade directly with others no middleman using blockchain Tech and you hold on to your funds until the trade is done if you want the Best of Both Worlds check out hybrid exchanges they mix the security of decentralized exchanges with the liquidity of centralized ones brokerage platforms are perfect for beginners these platforms make things super simple they set prices for you and handle the transactions directly peer-to-peer platforms are great for those who want a bit more privacy and flexibility in payment options
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