#CEXvsDEX101 For the second topic of our in-depth analysis on the Fundamentals of Crypto Trading, we talk about #CEXvsDEX101 .
Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each involves trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use which is an essential part of risk-aware trading.
💬 Your post can include:
· Based on your experience, what are the pros and cons of CEX compared to 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 insights to earn Binance points! (Press the “+” on the App homepage and click on Activity Center)