#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-friendliness, liquidity, and control. Knowing when to use which is an important part of trading with risk considerations.
💬 Your post may include:
· In 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?