#CEXvsDEX101
In the second topic of our in-depth analysis of cryptocurrency trading fundamentals, let's talk about #CEXvsDEX101 .
Choosing between centralized and decentralized exchanges is a fundamental decision for any cryptocurrency trader. Each comes with trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use either is a key part of risk-conscious trading.
💬 Your posts may include the following:
· From your experience, what are the pros and cons of centralized exchanges versus decentralized exchanges?
· Which do you prefer and in what situations?
· What do you consider when choosing between centralized and decentralized exchanges?
· What advice would you give to someone using decentralized exchanges for the first time?
👉 Create a post using #CEXvsDEX101 and share your insight to earn Binance points! (Click the "+" icon on the page