♥️CEXvsDEX
Thinking about trading crypto but not sure where to start? Let’s break down the two main types of exchanges:
✅ CEX (Centralized Exchange):
Easy to use
Higher liquidity
Need to trust the platform (they hold your funds)
Usually requires KYC (identity verification)
Good for beginners
🔓 DEX (Decentralized Exchange):
You keep control of your own funds
No KYC
Can be harder to use
Lower liquidity
More freedom, but also more responsibility
📌 TLDR:
CEX = convenience & support
DEX = control & privacy
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📈 TradingTypes
Not all traders are the same. Here are the common styles — which one are you?
⚡ Scalper:
In & out in minutes
Tiny gains, many times a day
Needs speed + focus
☀️ Day Trader:
Opens & closes trades within a day
Watches the market closely
🌊 Swing Trader:
Holds for days or weeks
Catches short-term trends
🛋️ Position Trader:
Long-term holder (months/years)
Believes in the bigger picture
🤖 Algo Trader:
Uses bots to trade automatically
Set rules, let code do the work
📌 TLDR:
Choose what fits your time, style & risk level. No one-size-fits-all.
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👉 Pro Tip:
Start small. Learn by doing. And remember: managing risk is just as important as making gains.
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