pg_basebackup or dump for starting replication process

For replication purposes only, there are any difference between pg_basebackup
or dump to copy data from Master to Slave ?
On Docs is written that pg_basebackup can be used both for point-in-time
recovery and as the starting point for a log shipping or streaming
replication standby servers.

We are using just Dump, there are any caveat of using it for logical
replication ?



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