Hello everyone to my home work submission post on @yousafharoonkhan lecture were he lectured about Decentralized and centralized exchange and a homework was given and that is what i am going to be explaining.

Explanation of Decentralized exchange and Centralized exchange

Decentralized exchange
In basic terms, decentralized trading is respected as an exchange that provides freedom of trading to clients subsequently disposing of the presence of middlemen in exchanges. Each nodes of decentralized trading platform works on their possess without anticipating reaction from any central server and this empower clients to create exchanges like purchase or offer without including agents.

Centralized Exchange
is the sort of trading platform whereby traders carry out buy/sell on the trading platform with the association of third parties in buy/sell trades. Traders/investors makes order books on centralized trade for each buy/sell trades started which is completed between the buyer and seller by the exchange that serve as the third party within the trade.

Differences between Decentralized exchange and Centralized exchange

Decentralized exchange
1). Difficult for newbies to use.
2). Liquidity is lower compared to centralized exchange.
3). Users don't need to complete any KYC.

Centralized exchange
1). Easy for new comers to use.
2). Liquidity is higher compared to decentralized exchange.
3). Users must complete KYC

My Two best Centralized exchange of 2021

1).Houbi

Another brilliant cryptocurrency centralized trading platform is Huobi Worldwide which is a trading platform that begun from China under the CEO, Leon Li within the year 2013. Huobi global has remained one of the finest among the accessible centralized exchange that gives wide cryptocurrency exchanging that made accessible very huge numbers of exchanging pairs for crypto investors. Huobi Worldwide has their main crypto, Huobi Token (HT) with an equivalent cost of 18.63 USD to 1 HT as at the time of composing this article. Why Huobi Worldwide was chosen as my first trading platform are; It gives expansive number of exchanging sets which gives it big liquidity, Transaction fees on this trading platform is generally cheap, Accessibility of reduced Point card that can be utilized to pay for transaction fees on each exchange
made and so on.

2). Binance

Binance is with no question the leading among the centralized trading platform at the minute and it's my top pick. Binance trade was created by the CEO, Changpeng Zhao within the year 2017 and not long after the creation, Binance also made their platform crypto cryptocurrency (BNB). BNB at first worked on the Ethereum blockchain some time recently it was relocated to claim blockchain (Binance Chain). A few of the reasons I've chosen Binance as my top pick are; low exchange expenses, big liquidity and volume (Various exchanging pair accessible), Binance is exceptionally simple to utilize, Binance permits me to stake my BNB to supply liquidity to farm other cryptocurrencies, ease of savings and so on.

How to Install MetaMask on your pc
I am going to showing you guys how to install metamask on pc and i will be using fire fox browser to install it.

• Search Uniswap

• Then select uniswap at the top right hand.
  

• The front page of uniswap you have to select connect wallet to start the meta mask wallet
  

• Now you have select meta mask and download it.

• in the next page just click install meta mask
  

• Click Add meta mask next.

• After Including the extension, at that point I moved to press on Metamask expansion to visit Metamask.io to import or create wallet. At that point, I clicked "Get Started" on the following page.

• click Create wallet.

• The next thing is to create a strong password.

• Click the next button to reveal phrase and backup.
  
  

• Now that it has been confirmed click the backup button.

• Now because i have the swapping phrase i can swap any coin.

The process of using uniswap to swap

• Connect wallet to the uniswap exchange then switch to swap.
• Select the token you are trying to exchange for me it's Eth to Aave Then swap the asset.
• Type in the amount you are exchanging
• Then swap it when you are ready

Conclusion
It depends on the trader and the exchange he or she chose to use any way thanks for reading @yousafharoonkhan.