#CEXvsDEX101 For the second topic in our Crypto Trading Basics deep dive, let's talk about #CEXvsDEX101 .
Choosing between Centralized Exchanges and Decentralized Exchanges is an important decision for any crypto trader. Each type comes with trade-offs regarding security, user experience, liquidity, and control. Knowing when to use which type is an essential part of risk-aware trading.
💬 Your post could include:
· In your experience, what are the pros and cons of CEX compared to DEX?
· Which one 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 insights to earn Binance points! (Click on “+” on the App home page and tap on Task Center)