#CEXvsDEX101 For the second topic of our In-Depth Analysis on the Fundamentals of Cryptocurrency Trading, let's talk about #CEXvsDEX101 .
Choosing between Centralized and Decentralized Exchanges is a key decision for any cryptocurrency trader. Each has its advantages and disadvantages in terms of security, user experience, liquidity, and control. Knowing when to use which is an essential part of risk-conscious trading.
💬 Your post may include:
· In your experience, what are the pros and cons of CEX vs DEX?
· Which do you prefer and in what situations?
· What do you consider when choosing between a CEX and a DEX?
· What advice would you give to someone using a DEX for the first time?
👉 Create a post with #CEXvsDEX101 and share your ideas to earn Binance points! (Press the “+” on the home page of the App and click on Task Center)