For our second topic in the Crypto Trading Fundamentals Deep Dive, it’s time to tackle: #CEXvsDEX101 🚀
One of the most important choices every crypto trader faces is deciding between using a Centralized Exchange (CEX) or a Decentralized Exchange (DEX). Both have their strengths and weaknesses when it comes to security, user experience, liquidity, and control. Understanding the trade-offs — and knowing when to use each — is a crucial skill for risk-aware trading.
💬 We’d love to hear from you:
From your experience, what are the pros and cons of #CEXvsDEX101 $
Which do you prefer — and in what situations?
What factors do you consider when choosing between a CEX and a DEX?
What’s your top advice for someone trying a DEX for the first time?
👉 Create a post with #CEXvsDEX101 and share your thoughts to earn Binance Points! (Just hit the “+” button on the App homepage and head to Task Center)
🔗 Check out the full campaign details [here].