# Crypto Exchanges

A crypto exchange is a web platform that allows you buy, sell and store different cryptocurrencies. \
\
**They are 2 types of exchange:**\
\
**\~** Centralized Exchanges - As the name implies, a centralized exchange is a third-party crypto exchange service provider that requires you to register and perform KYC (know your customer) before using its services such as buying, selling, and storing your cryptocurrencies. Types of centralized exchanges are [Binance](https://accounts.binance.me/en/register?ref=39847400), Kucoin, [Gate .io](https://www.gate.io/signup/6995931), Coinbase, etc.\
\
\&#xNAN;**\~** Decentralized Exchanges - A decentralized exchange is the opposite of a centralized exchange. It doesn't require you to register before using its services. A decentralized exchange can be accessed from anywhere, by just connecting your wallet to it (metamask, trustwallet, safepal, etc...). Types of decentralized exchanges are [Uniswap](https://app.uniswap.org/), [Pancakeswap](https://pancakeswap.finance/), [Sushiswap](https://app.sushi.com/swap), etc.

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