#TradingTypes101 Trading 101 - Fundamentals Of Becoming A Su | moazin on Binance Square

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#TradingTypes101 Trading 101 - Fundamentals Of Becoming A Successful TraderStart your way to becoming a professional & profitable Trader for Crypto, Forex, Stocks & Commodities

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#OrderTypes101 Take-Profit Order The opposite of stop-loss. If you bought $WCT at $0.08 and want to sell when it hits $0.12, you can place a take-profit order to lock in gains automatically. 🔹 OCO (One Cancels the Other) This combines a stop-loss and take-profit in one smart setup. If $WCT hits one of the two targets, the other is canceled. Great for automated strategy-based trading.

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#WORDOFTHEDAY✅ #WORD_OF_THE_DAY_BINANCE #wordoftheday 4 latter word of the day Congratulations 🎉 GRID🌸🌸 $USDC $BNB Binance

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#CEXvsDEX101 What’s the Difference? Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are platforms for trading cryptocurrencies, but they operate differently. CEXs like Binance and Coinbase are managed by companies that act as intermediaries, offering high liquidity, fast transactions, and user-friendly interfaces. They often require KYC (Know Your Customer) verification, which can compromise user privacy. On the other hand, DEXs such as Uniswap and PancakeSwap run on blockchain smart contracts and allow peer-to-peer trading without intermediaries. They offer greater privacy and control over assets but may have lower liquidity and slower execution speeds. DEXs are also more resistant to censorship and hacking, since users hold their own keys. In summary, CEXs are ideal for beginners and high-frequency traders seeking convenience, while DEXs appeal to those valuing privacy, security, and decentralization. The best choice depends on your priorities: ease of use or full control over your crypto.

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#WORDOFTHEDAY✅ #WORD_OF_THE_DAY_BINANCE #wordoftheday Binance 6 Latter word of the day ( ORDER ) $USDC

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#WORDOFTHEDAY✅ #wordoftheday #WORD_OF_THE_DAY_BINANCE 4 Digit Word of the day Congratulation🎉SELL🎉 $USDC

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