#CEXvsDEX101 For the second topic of our advanced course on the basics of crypto trading, let's talk about #CEXvsDEX101 .
The choice between centralized and decentralized exchanges is a key decision for any crypto trader. Each has its own advantages and disadvantages in terms of security, user convenience, liquidity, and control. Knowing when to use which is an important part of trading with risk considerations.
💬 Your post may include:
· Based on your experience, what are the advantages and disadvantages of CEX versus DEX?
· What do you prefer and in what situations?
· What do you consider when choosing between CEX and DEX?
· What advice would you give to someone using DEX for the first time?
👉 Create a post with #CEXvsDEX101 and share your thoughts to earn Binance points! (Click “+” on the main page of the app and click on the Task Center)