đ Crypto Trading Fundamentals Deep Dive: #CEXvsDEX101
When it comes to trading crypto, one of the most important decisions youâll face is choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX).
Each has its strengths and trade-offs:
đ CEXs offer better liquidity, faster execution, and customer supportâbut require trust in a third party.
đĄď¸ DEXs prioritize user control and transparency but may come with a steeper learning curve and lower liquidity.
Choosing the right one depends on your priorities:
đ Are you trading large volumes and need deep liquidity?
đ Do you value custody of your own assets and privacy?
đŻ Or maybe it depends on the specific asset you're trading?
đŹ We'd love to hear from you:
What do you see as the main pros and cons of using CEXs vs DEXs?
Do you use both? If so, when and why?
Got tips for someone navigating a DEX for the first time?
đ Share your thoughts by creating your own post with #CEXvsDEX101 and earn Binance Points as part of our Crypto Trading Fundamentals series!
đď¸ Activity Period: May 29, 2025 â June 12, 2025
â Donât forget:
1. Check Binance Square daily at 08:00 UTC for the latest topic.
2. Post your insights (min. 100 characters) using one topic hashtag only.
3. Head to the App homepage â then Task Center to participate!
đ Let's build better trading habits togetherâone topic at a time.