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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
@learningcrypto.eth
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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Belajar Kripto pfp
Belajar Kripto
@learningcrypto.eth
5. Final Thought: Not Your Keys, Not Your Coins 🔑 Buying crypto is just the beginning. Where you buy and how determines your risk profile. Start simple. Learn wallets. Learn DeFi. Then go deeper into DEX, staking, and self custody. Crypto isn’t just about profit. It’s about owning your future. Follow @learningcrypto.eth for more crypto education, simplified.
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