#CEXvsDEX101 Centralized Exchanges (CEX) like Binance are easy to use and great for beginners. They offer fast transactions and customer support. But they hold your funds. Decentralized Exchanges (DEX) give you full control of your crypto, but they need more knowledge to use safely. I use CEX for speed and DEX for privacy. #CEXvsDEX101
Crypto trading isn’t one-size-fits-all. Understanding different trading types helps you choose the best strategy for your goals and lifestyle. For example, spot trading is simple—you buy and sell crypto at current prices. Futures trading allows you to trade based on price predictions, often using leverage, but it's riskier. Day trading involves quick moves within the same day, while swing trading holds assets for a few days or weeks to catch price swings. Then there’s HODLing—buying and holding long-term.
Knowing your trading type is the first step to managing risk and staying confident in the market. 💡
Ever since I started accepting USDT payments, doing freelance work with international clients has become seamless. No waiting days for bank transfers, and no outrageous fees! Living in Kenya, I also use BUSD to save and hedge against local currency devaluation. With crypto, I can send funds to family instantly and trade when I need quick liquidity. It’s financial freedom in my pocket. #Write2Earn
#EthereumFuture Ethereum is evolving from a smart contract platform into the backbone of decentralized finance and Web3. With scaling solutions like rollups and the rise of restaking, its ecosystem is primed for mainstream adoption.