#CEXvsDEX101 CEX = Centralized, easy to use, needs KYC DEX | Sojib Hossain Apurbo on Binance Square

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#CEXvsDEX101 CEX = Centralized, easy to use, needs KYC
DEX = Decentralized, more private, no KYC
CEX = Control by company
DEX = Control by you
Choose what fits you! 🚀
#Crypto #CEX #DEX 

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For the first topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #TradingTypes101 Understanding different trading types is the first step to building a well-informed strategy. Spot, Margin, and Futures trading each offer unique advantages and risks. Choosing the right one depends on your goals, experience, and risk appetite. 💬 Your post can include: · What are the key differences between Spot, Margin, and Futures trading? · When do you use the different types of trades? Which one do you use most and why? · What tips would you offer to beginners? 👉 Create a post with #TradingTypes101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)

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#TradingTypes101 Bitcoin ( $BTC ) is down 6% over the past eight days after reaching new all-time highs, and recent technical signals suggest growing uncertainty in the market. Whale activity, which briefly declined, has started to recover, hinting that some large holders may be returning to accumulation.

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#TradingTypes101 binance

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#CEXvsDEX101 Centralized Exchanges (CEXs) like Binance or Coinbase act as intermediaries, offering user-friendly platforms, fast transactions, and customer support. However, users must trust the exchange with their funds and data. In contrast, Decentralized Exchanges (DEXs) like Uniswap or PancakeSwap allow peer-to-peer trading directly on the blockchain, offering more privacy and control. DEXs reduce the risk of hacks or censorship but may have lower liquidity and require more technical knowledge. Choosing between a CEX and DEX depends on your priorities: convenience and support, or control and decentralization. Understand both to navigate the crypto space wisely. #TradingTypes101

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$BTC According to BlockBeats, on May 31, Coinglass data shows that if Bitcoin falls below $102,000, the cumulative long liquidation intensity on mainstream CEX will reach $987 million. If Bitcoin breaks above $105,000, the cumulative short liquidation intensity on mainstream CEX will reach $476 million. The liquidation chart shows the degree of impact when the price reaches a certain position; the higher the liquidation bar, the stronger the reaction after the price change.

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