In 2025, both centralized and decentralized crypto exchanges will have their own good points. Centralized exchanges are easier to use, work faster, and usually have better customer support. On the other hand, decentralized exchanges give you more privacy and full control over your money, which is great if you care a lot about security. Some new platforms, shaped by teams like Hashcodex, are trying to bring the best of both worlds together. If you want something simple and safe, a centralized exchange might be better. But if you care more about privacy and control, a decentralized exchange could be the right choice.