Whether you're a beginner or a professional in the crypto world, security comes first! ⚠️ Here are the most important tips to protect your digital assets:
1️⃣ Use a secure wallet A cold wallet is preferred for storing large amounts.
2️⃣ Never share your private key The key = complete control over your funds!
3️⃣ Enable two-factor authentication (2FA) Especially on trading platforms.
4️⃣ Beware of links and phishing messages Do not enter your data on suspicious sites.
5️⃣ Do not leave your funds on the platform Transfer them to your personal wallet after trading.
6️⃣ Update your software regularly Hacks exploit old vulnerabilities!
Your digital security = your responsibility. Don't take it lightly! ✅ #Crypto #Bitcoin #Ethereum #CyberSecurity #Blockchain #CryptoSecurity101
IPO = Initial Public Offering → The company's listing on the stock exchange for the first time.
Circle aims to become a publicly listed company, meaning its shares will be available to the public.
This is a significant step in the world of digital currencies, as it is one of the first companies related to crypto seeking a traditional public offering.
💱 Comparison Between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX)
Element Centralized Exchange (CEX) Decentralized Exchange (DEX)
Control Managed by a company or central entity Relies on smart contracts and users Examples Binance, Coinbase, Kraken Uniswap, PancakeSwap, dYdX Ownership of funds The platform holds your funds (custodial) You control your funds yourself (non-custodial) Ease of use User-friendly interfaces and supports fiat currencies A bit harder for beginners Verification (KYC) Usually required Often not required Speed Faster due to the central system Relatively slower and depends on network congestion Security Vulnerable to hacks if the platform is compromised Safer in terms of having no intermediary, but relies on user security Liquidity Often higher due to the large number of users Varies, but improves over time
Centralized exchanges resemble traditional banks: easy and fast, but you place your trust in a third party.
Decentralized exchanges give you full control: greater privacy and control, but with higher responsibility.
Choose according to your needs: do you prefer convenience and ease of use? (CEX) or privacy and full control? (DEX) #CEXvsDEX101