There are more and more centralized exchanges, but less and less trust. Which one do you prefer between regulated compliance exchanges and decentralized exchanges?
There some positive and negative things for both type of exchange centralized & decentralized. When question come to centralize then first thing come into mind about security management. But when question come to the decentralize exchange first concern is regarding volume. On the other hand its quite hard to find your expected trading pair on decentralized exchanges. They mostly based on ethereum chain so basically they list same tokens. In a result lots of shitcoin will be available there which would lead you huge lost later on. But a reputed centralized exchange do their own diligence before list and even create voting system to get traders opinions. You should prepare yourself for KYC if you choose reputed exchanges with huge volume, because you will not found huge volume on decentralized exchange. So at the beginning I will prefer to start with a reputed & trusted centralized exchange to learn more because it's quite easy than decentralized exchanges.