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Belajar Kripto pfp
Belajar Kripto
@learningcrypto.eth
🧵Where Do I Buy Crypto? A complete beginner’s guide by @learningcrypto.eth 1. The First Question: Where Can I Buy Crypto? If you're new to crypto, the first question you'll ask is: “Where can I actually buy crypto?” There are two main platforms: - CEX (Centralized Exchange): A company runs the exchange and holds your crypto for you. - DEX (Decentralized Exchange): A permissionless protocol where you trade directly from your wallet. Each has pros and cons. Let's explore both.
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Belajar Kripto
@learningcrypto.eth
2. Centralized Exchanges (CEX): Easy, Popular — But Centralized CEX platforms are the most common entry point. Examples: Binance, Coinbase, Kraken, Bybit, and local ones like Tokocrypto, Pintu, Indodax. Why are they popular? - Easy sign-up and user-friendly UI - Fast trades and liquidity - Fiat on-ramp (you can buy with your bank) But you’re giving up control. CEXs hold your keys, not you. When you deposit funds, you trust a company to keep it safe. History has shown how dangerous that trust can be: 💀 Mt.Gox lost 850,000 BTC 💀 FTX misused billions of user funds 💀 Quadriga CEO died (or vanished?) with private keys If everyone tries to withdraw at once, these platforms can collapse. This is called a "bank run".
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Belajar Kripto pfp
Belajar Kripto
@learningcrypto.eth
3. Decentralized Exchanges (DEX): Freedom and Control - But Risky. A DEX is a protocol (like Uniswap, PancakeSwap, or Curve) that lets you swap tokens without any centralized authority. Benefits: - No KYC or account needed - Full control of your assets (self-custody) - Trade early-stage tokens before they hit CEX - Transparency: everything is on-chain This is where many smart traders buy early. $SHIB and $PEPE? Both launched on DEX long before hitting Binance or Coinbase and made early users 1000x profits. But with great freedom comes responsibility. You need to: - Manage your wallet (MetaMask, Trust Wallet, etc.) - Avoid scams, fake tokens, and phishing - Understand slippage and gas fees And if you get hacked? There’s no customer support. 90% of stolen crypto is never recovered.
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Belajar Kripto pfp
Belajar Kripto
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4. So, Which One Should You Use? ✔️ New users: Start with CEX for convenience. ✔️ Advanced users: Use DEX when you want control and early access. Just remember: - CEX = Convenience + Custodial Risk - DEX = Freedom + Self-Custody Risk Don’t blindly chase trends. Educate yourself. Even pro traders lose money when they skip fundamentals.
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