Cryptocurrency exchange development involves choosing between centralized (CEX) and decentralized (DEX) models, each offering distinct advantages. Centralized exchanges provide high liquidity and ease of use but require users to trust the platform with their funds. Decentralized exchanges promote security and user control but may lack the liquidity and simplicity of CEXs. The decision on which type to build depends on priorities like target users, regulatory compliance, and resource allocation. Both play key roles in the crypto ecosystem, and selecting the right model is crucial for long-term success.

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