For the second topic of our advanced course on the fundamentals of crypto trading, let’s talk about #CEXvsDEX101🔥 101.
The choice between centralized and decentralized exchanges is a key decision for any crypto trader. Each has its advantages and disadvantages in terms of security, user convenience, liquidity, and control. Knowing when to use which is an important part of trading with risk considerations.
💬 Your post may include:
· Based on your experience, what are the advantages and disadvantages of CEX versus DEX?
· What do you prefer and in what situations?
· What do you consider when choosing between CEX and DEX?
· What advice would you give someone using DEX for the first time?