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In the world of cryptocurrencies, there are two main types of platforms to buy, sell, or exchange assets: centralized exchanges (CEXs) and decentralized exchanges (DEXs). Each has its advantages, and the choice depends on your profile and priorities.🏛️ Centralized Exchange (CEX)These are platforms managed by companies like Binance. They are easy to use, with an intuitive interface, available customer service, and high liquidity, which means orders are executed quickly and at competitive prices.✅ Ideal for: beginners, those looking for speed and ease🔒 Security: the exchange holds the funds for you⚡️ Advantage: rapid order execution🔁 Limitation: less direct control over private keys🌐 Decentralized Exchange (DEX)These platforms enable peer-to-peer exchanges, without intermediaries. You retain full control of your assets via your own wallet.✅ Ideal for: those who prioritize control and privacy🔐 Security: you hold your own private keys📊 Advantage: no deposit needed on a platform⚠️ Limitation: interface can be complex, less liquidity🧮Comparison Table: CEX vs DEXComparison Table: CEX vs DEX🔎 And in practice, what do you have to do?👉 On a CEX (like Binance), you create an account, deposit cryptocurrencies or deposit money (via card or transfer) as per your convenience, then you can buy or sell cryptocurrencies in just a few clicks. The interface is designed to guide the user step by step.👉 On a DEX, you connect your wallet (like Trust Wallet), choose the crypto you want to exchange, and sign the transaction. No need to create an account, but you need to understand a bit more about how it works.📌 Some Practical TipsBefore choosing between a CEX and a DEX, ask yourself these questions:Do I need customer support or am I comfortable with technical tools?Do I prefer the security offered by a company or personal control of my keys?You can also use both types of platforms based on your needs.🧐 So, are you still wondering what to choose?Understanding the difference between CEX and DEX allows you to be more strategic in your choices. The ideal? Gradually educate yourself, choose the ideal platform for your needs and level of mastery, and keep in mind that your security also depends on your vigilance.There is no "best" universal platform.👉 If you're starting out or want to move quickly, a CEX may offer you more comfort.👉 If you want to maintain total control over your assets, the DEX may suit you better.But above all, educate yourself and stay cautious.🚨 Note!!Always use reliable platforms with high liquidity to minimize risks related to market volatility:

This is a general announcement and marketing communication. The products and services mentioned here may not be available in your region. Dear Binancians, Binance Square is excited to present Trade With COS Terminal, a trading sharing challenge in partnership with Contentos, where users who share their COS trades via COS Terminal can earn rewards. Eligible participants have a chance to unlock a share of $10,000 in COS token vouchers! Activity Period: 2025-06-02 05:00 (UTC) to 2025-06-12 23:59 (UTC) How to Participate All verified Binance users who complete the following steps can potentially unlock a share of the $10,000 rewards pool in COS: Step 1: Trade COS on Binance Spot. Each COS transaction* must be a minimum of $20 equivalent to qualify for rewards. Each user can make multiple transactions (min. $20 each transaction) to qualify for more rewards. Please refer to the Rewards Allocation section for more information. Step 2: Share your COS transaction via COS Terminal on Binance Square. Refer to this step-by-step tutorial for more details. To be eligible, your post must meet these criteria: Include a caption explaining your trading setup (min. 100 characters); Include the campaign hashtag #MyCOSTrade. Step 3: To qualify for the Bonus Prize Pool, share your COS trading performance on X! To unlock bonus rewards, complete the following steps: Share a screenshot of your trading performance on X; Include the link to your Binance Square post; Submit the link to your X post via this survey. You can submit up to 3 posts in total. Each post must contain a unique screenshot corresponding to a unique transaction. Multiple tweets using the screenshot of the same transaction will count as a single entry. Note: Each transaction can only qualify for rewards once. To qualify for more rewards, you can make multiple COS transactions and share each unique transaction via COS Terminal (Step 2), and share a unique screenshot on X (Step 3). Rewards Allocation Category Rewards Pool (in COS Token Vouchers) Who Can Qualify Rewards Calculation Best Participation $500 Users who successfully complete Steps 1 and 2 and rank among the bottom 20 COS buy orders among all eligible participants $25 in COS Token Vouchers per user Best Sale $500 Users who successfully complete Steps 1 and 2 and rank among the top 20 COS sell orders among all eligible participants $25 in COS Token Vouchers per user Main Prize Pool $6,000 (Limited to $5 in COS Token Vouchers per user) Users who successfully complete Steps 1 and 2 Reward = (Your Eligible Posts / Total Eligible Posts by All Participants) * $6,000 in COS Token Vouchers Bonus Prize Pool $3,000 (Limited to $10 in COS Token Vouchers per user) Users who successfully complete Steps 1 to 3 Reward = (Your Eligible Posts / Total Eligible Posts X by All Participants) * $3,000 in COS Token Vouchers Total Prize Pool $10,000 in COS Token Vouchers Maximize your rewards by trading and sharing more! The more eligible transactions you make and the more you post, the more rewards you can earn. Example: You share 10 eligible COS transactions on Terminal and share a screenshot of your trading performance on X for one of those transactions. One of your transactions also won the highest COS sale prize. The total rewards earned will be: ($10 / Total Eligible Posts by All Participants) * $6,000 in COS Token Vouchers + (1 / Total Eligible Posts X by All Participants) * $3,000 in COS Token Vouchers + $25 in COS Token Vouchers Your total rewards will be capped at $40 in COS token vouchers. General Terms This activity may not be available in your region. The content must be original without rewriting existing content. AI assistance is allowed, but the content must not be AI-generated. Content deleted during the Activity Period or duplicated will not be eligible. The content must be original and exclusively created for these promotions. Previous content creations and submissions from past competitions or Binance activities are not eligible for these promotions. Content must not claim to be financial or expert advice. Only new and original content published during the Activity Period and submitted via the survey is eligible. You can submit up to 3 posts per submission and multiple surveys. Only the last survey submission will be considered. The Binance Square team reserves the right to disqualify posts that abuse or mislead hashtags, including misleading tagging or irrelevant content. The Binance Square team will review and give final approval on all submissions, evaluating them based on adherence to campaign guidelines. Each eligible participant who has not won Best Participation or Best Sale may receive a maximum of $5 from the $6,000 COS token voucher prize pool and $10 from the $3,000 COS token voucher bonus pool. Each eligible participant who wins Best Participation or Best Sale may receive $25 from each category. Rewards will be distributed in the form of COS token vouchers to eligible users within 21 business days following the end of the activity and will expire 14 days after distribution. Users will be able to log in and exchange their voucher rewards via Profile > Rewards Hub. Accounts that are illegally registered in bulk or sub-accounts will not be eligible to participate or receive rewards. Binance reserves the right to cancel a user's eligibility if the account violates the Binance Square Community Management Guidelines or the Binance Square Community Platform Terms and Conditions. Binance reserves the right at any time to determine and/or modify these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this activity, or modifying eligibility criteria, selection processes, and reward distribution. Binance reserves the right to disqualify any participant who manipulates the Binance program code or interferes with the operation of the Binance program code with other software. Binance reserves the right of final interpretation of this activity. There may be discrepancies between this original English content and any translated versions. Please refer to the original English version for the most accurate information in case of discrepancies. Thank you for your support! Binance Team 2025-06-02 Trade on the go with the Binance crypto trading app (iOS/Android) Find us on Telegram X Facebook Instagram Binance reserves the right, at its sole discretion, to modify or cancel this announcement at any time and for any reason without notice. Disclaimer: Content on the Binance Square platform may include information, views, and opinions published by third parties. This content is presented to users on an "as is" basis for general informational purposes only, without any representation or warranty of any kind. The opinions expressed in this content also belong to the third parties concerned. They do not claim to reflect the views of Binance. Therefore, please note that the availability of this content on the Binance Square platform is not intended to be and should not be construed as an endorsement by Binance of such views or of the reliability or accuracy of this content. Furthermore, the content and availability of the platform are not guaranteed. Digital asset prices can be volatile. The value of your investment may decrease or increase, and you may not recover the amount invested. You are solely responsible for your investment decisions, and Binance is not responsible for any losses you may incur. The content on this platform should not be construed as financial advice. For more information, please refer to the Binance Square Community Platform Terms and Conditions.