$BTC ๐ Trading BTC Pairs: CEX vs DEX
#CEXvsDEX101
Looking to trade Bitcoin against other coins?
๐ On a CEX (like Binance), BTC pairs often offer:
โ Deep liquidity
โ Tight spreads
โ Fast execution
โ Easy access to altcoins via BTC
โ๏ธ On a DEX, BTC-based trading is less common due to its architecture, but itโs evolving:
๐ Wrapped BTC (like wBTC on Ethereum)
โ Fully decentralized
โ No intermediaries
โ Often lower liquidity & higher slippage
๐ก Tip: For serious BTC pair trading, CEXs still dominate. But for DeFi-native users, DEX options are growing fast.
Which one fits your style?