#CEXvsDEX101

For the second topic in our Crypto Trading Fundamentals Deep Dive, we’re exploring

Choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) is a crucial step for any crypto trader. Each option has its own set of advantages and trade-offs—whether it’s about security, ease of use, liquidity, or control. Understanding when and why to use each one is key to making smart, risk-aware trading decisions.

💬 Here are some prompts to guide your post:

Based on your experience, what are the pros and cons of CEXs vs DEXs?

Which one do you prefer, and in what scenarios?

What factors do you consider when deciding between a CEX and DEX?

What tips would you give to someone using a DEX for the first time?

👉 Share your thoughts using #CEXvsDEX101 and earn Binance Points!

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