#CEXvsDEX101 For the second topic of our deep dive into the fundamentals of crypto trading, let's talk about #CEXvsDEX101 .
Choosing between centralized and decentralized exchanges is a key decision for any crypto trader. Each has its trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use one or the other is an essential part of risk-aware trading.
💬 Your post can include:
· In your experience, what are the advantages and disadvantages of CEX compared to DEX?
· Which do you prefer and in what situations?
· What do you consider when choosing between a CEX and a DEX?
· What advice would you give to someone using a DEX for the first time?
👉 Create a post with #CEXvsDEX101 and share your thoughts to earn Binance points! (Press the “+” on the app's homepage and click on the Task Center)