Every party can confirm the records of its transaction companions instantly, without an intermediary. Buy cryptocurrencies like Bitcoin or Ethereum instantly on Centralized Finance or Decentralized exchanges. Centralized exchanges have been the norm within the crypto world till decentralized exchanges arrived. With centralized exchanges, you don’t have your individual personal keys, and the trade is the custodian for storing your funds. Decentralized exchanges are peer-to-peer, and there’s no middleman.