Decentralized exchanges (DEXs) are gaining popularity, challenging centralized exchanges (CEXs) in the crypto market. Industry experts predict DEX growth in 2025, but CEXs will remain vital for new users. While CEXs like Coinbase dominate with high liquidity and user-friendly interfaces, DEXs offer decentralized trading with enhanced security. Both exchanges complement each other, contributing to crypto market growth. CEXs prioritize security measures like multi-signature wallets, while DEXs provide anonymity and autonomy. Liquidity remains a challenge for DEXs, impacting trading efficiency. To compete, DEXs must simplify user experiences. CEXs can enhance user education and onboarding to retain their market share. By integrating hybrid models, CEXs can bridge centralized convenience with decentralized autonomy. Collaboration and innovation will shape the future of crypto exchanges, ensuring sustainable growth and success. Read more AI-generated news on: https://app.chaingpt.org/news