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For the second topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #CEXvsDEX101 .
Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with 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: · In your experience, what are the pros and cons of CEXs vs DEXs? · Which do you prefer and in what situations? · What do you consider when choosing between a CEX and 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 Task Center)
For the second topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #CEXvsDEX101 .
Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with 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: · In your experience, what are the pros and cons of CEXs vs DEXs? · Which do you prefer and in what situations? · What do you consider when choosing between a CEX and 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 Task Center)
U.S. GDP Revised to Show Slight Improvement in First Quarter
According to Odaily, the United States' first-quarter real GDP annualized growth rate has been revised to -0.2%. This figure is an improvement over the previous estimate of -0.30% and also surpasses the expected rate of -0.30%. This revision indicates a slightly better economic performance than initially anticipated.
Cryptocurrency Market Experiences Significant Liquidations Totaling $221 Million
According to TechFlow, recent data from Coinglass reveals that the cryptocurrency market has seen liquidations amounting to $221 million over the past 24 hours. Of this total, long positions accounted for $155 million, while short positions contributed $65.29 million. The global impact of these liquidations affected 85,525 traders, with the largest single liquidation occurring on a centralized exchange (CEX) involving BTCUSDT, valued at $2.96 million.
Four.meme and UpTop.meme Join Forces to Launch a $12M Liquidity Injection Program on BNB Chain
Four.meme has announced a strategic partnership with decentralized liquidity protocol UpTop.meme to jointly launch a $12 million liquidity injection program on BNB Chain. The initiative allows users to earn yields by simply providing BNB—no need for dual-token pairing or LP operations. Once a project reaches $500K in BNB liquidity, it becomes eligible for an additional $150K matched by UpTop. In addition, UpTop has introduced an impermanent loss protection mechanism, allowing Beta users to enjoy complete peace of mind.