$BTC For the second topic in our Deep Dive into Crypto Trading Basics, let's talk about #CEXvsDEX101.
Choosing between Centralized Exchanges and Decentralized Exchanges is an important decision for any crypto trader. Each type has trade-offs regarding security, user experience, liquidity, and control. Knowing when to use which type is an essential part of trading with risk awareness.
💬 Your post could include:
· In 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 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 the App homepage and tap on Task Center)