WaseemRaza
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Which one you s choose between DEX and CEX ?
when you are going to choose one of DEX and CEX , it depends on your trading style , risk potential and demands .
CEX : (Centralized Exchange )
* Exchange hold your assets
* user friendly and easy to use for beginners
* need KYC
* limited coins available
* More faster trades
* high liquidity
* eg ; binance and OKX
-------
DEX (Decentralized Exchange )
* You are the one who own your assets and manage
* Need knowledge to use
* Not KYC
* more secure
* low liquidity
* low in trades
* a lot of coin available
* eg ; uni swap and pancakeswap
........
so it's depends on your demands that which one you want to use for trading , transactions or investment .
#CEXvsDEX101 #Cex $BTC $PEPE
when you are going to choose one of DEX and CEX , it depends on your trading style , risk potential and demands .
CEX : (Centralized Exchange )
* Exchange hold your assets
* user friendly and easy to use for beginners
* need KYC
* limited coins available
* More faster trades
* high liquidity
* eg ; binance and OKX
-------
DEX (Decentralized Exchange )
* You are the one who own your assets and manage
* Need knowledge to use
* Not KYC
* more secure
* low liquidity
* low in trades
* a lot of coin available
* eg ; uni swap and pancakeswap
........
so it's depends on your demands that which one you want to use for trading , transactions or investment .
#CEXvsDEX101 #Cex $BTC $PEPE
Earning daily on Binance can be achieved through various methods. Here are some ways to get you started:
*Binance Auto Invest*
This feature allows you to invest a fixed amount regularly, regardless of market fluctuations. By enabling Auto Invest and using the Dollar Cost Averaging strategy, you can potentially earn consistent daily profits ¹.
*Binance Earn*
This platform offers various products that allow you to earn interest on your cryptocurrencies. With over 180 supported cryptocurrencies, you can choose from flexible or fixed savings products, stake your coins, or participate in DeFi yield farming ².
*Simple Methods for Beginners*
If you're new to Binance, consider the following methods:
- *Binance Staking*: Lock your funds in a specific cryptocurrency for a set period and earn interest on those holdings. Potential daily income: $1-$10.
- *Binance Savings*: Earn interest on your deposits with flexible or fixed savings products. Potential daily income: $1-$2.
- *Cryptocurrency Trading*: Trade spot or margin, but be aware that this method carries more risk. Potential daily income: $5-$20.
- *Binance Affiliate Program*: Earn commissions by referring new users to Binance. Potential daily income: $10-$50.
- *Binance Launchpad*: Invest in new cryptocurrency projects and potentially earn significant profits. Potential daily income: $10-$50.
*Binance Auto Invest*
This feature allows you to invest a fixed amount regularly, regardless of market fluctuations. By enabling Auto Invest and using the Dollar Cost Averaging strategy, you can potentially earn consistent daily profits ¹.
*Binance Earn*
This platform offers various products that allow you to earn interest on your cryptocurrencies. With over 180 supported cryptocurrencies, you can choose from flexible or fixed savings products, stake your coins, or participate in DeFi yield farming ².
*Simple Methods for Beginners*
If you're new to Binance, consider the following methods:
- *Binance Staking*: Lock your funds in a specific cryptocurrency for a set period and earn interest on those holdings. Potential daily income: $1-$10.
- *Binance Savings*: Earn interest on your deposits with flexible or fixed savings products. Potential daily income: $1-$2.
- *Cryptocurrency Trading*: Trade spot or margin, but be aware that this method carries more risk. Potential daily income: $5-$20.
- *Binance Affiliate Program*: Earn commissions by referring new users to Binance. Potential daily income: $10-$50.
- *Binance Launchpad*: Invest in new cryptocurrency projects and potentially earn significant profits. Potential daily income: $10-$50.
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