How many Ways to Trade Crypto on Binance? What's the Difference

How many Ways to Trade Crypto on Binance? What's the Difference

Buying your first bitcoin might seem like an arduous task, but you shouldn’t worry; it’s simple, secure, and fast. But before you execute your first buy, you need to pick a platform. Ideally, it should be easy to use and come with a range of payment options, assets, and financial products. It should have a good reputation, a solid security track record, and some other here’s and there’s. We previously wrote about how to choose an exchange you can trust, and it’s a must-read if you want to avoid making mistakes when picking your first (or next) crypto exchange. There are different ways to buy or trade bitcoin and other cryptos, each with its advantages and disadvantages. Some of the most popular are traditional centralized exchanges (CEX), P2P platforms, bitcoin ATMs, and decentralized exchanges (DEX). In this article, we’ll focus on the first two.