Let's talk about centralized and decentralized exchanges.
Every swap on a DEX counts as an on-chain transaction, so you have to pay the gas fee for that chain.
As I understand it, CEXs generally offer fiat on-ramps, customer support, and account recovery services, but in return, you have to trust the platform's risk controls and asset management.
$BNB is both the core token of the Binance ecosystem and the native coin used to pay gas on BNB Smart Chain.
Don't invest borrowed money—the pressure can push you into making bad decisions.
#BNB
Every swap on a DEX counts as an on-chain transaction, so you have to pay the gas fee for that chain.
As I understand it, CEXs generally offer fiat on-ramps, customer support, and account recovery services, but in return, you have to trust the platform's risk controls and asset management.
$BNB is both the core token of the Binance ecosystem and the native coin used to pay gas on BNB Smart Chain.
Don't invest borrowed money—the pressure can push you into making bad decisions.
#BNB