TODAY ANSWER 👇👇 #CEXvsDEX101 #TradingTypes101 #BinanceAlp | udara kalavitigoda on Binance Square

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#CEXvsDEX101 #TradingTypes101 #BinanceAlphaAlert #TrumpTariffs #Binance 

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#OrderTypes101 Stop-Loss Order : This is for risk management. If you’re holding $WCT and want to avoid a big loss, you can set a stop-loss at $0.07. If the price drops to that level, your order will automatically sell to limit your loss. WCT Coin Is going downward 👇 So please Be Sure if you are holding. Sell If You have nice Profit Sell it now & Buy Again on 0.2🤝 #OrderTypes101 WCT 0.6047 -45.02%

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#CEXvsDEX101 *Understanding BTC Pair and Trading* BTC pairs are one of the most popular trading options in the crypto market. A BTC pair means you’re trading a cryptocurrency against Bitcoin (BTC), such as ETH/BTC or ADA/BTC. Instead of buying or selling with fiat like USD or GHS, you're using Bitcoin as the base currency. This method helps traders measure the performance of altcoins relative to Bitcoin. Trading in BTC pairs can be profitable if you understand market trends and how BTC's price movement affects altcoins. When BTC rises, altcoins may fall in BTC value even if their USD value remains the same. This makes BTC pair trading more technical and suitable for those who understand chart patterns and price action.

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$BTC Bitcoin ($BTC) is the first and most well-known cryptocurrency in the market. Personally, I consider it a strong long-term investment and a core part of my crypto portfolio. When it comes to trading $BTC, I always rely on technical analysis, using tools like support/resistance levels, RSI, and MACD. Bitcoin tends to be highly volatile and reacts quickly to major news events like ETF approvals or regulatory changes. That’s why I always set stop-loss and take-profit orders to manage risk. I usually trade $BTC during high-volume hours and look for breakout patterns. It’s a coin that requires focus and discipline.

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#TradingTypes101 Futures trading is one of the most exciting and dynamic forms of crypto trading. Unlike spot trading, where you buy and sell the actual asset, futures allow you to speculate on the price movement without owning the underlying coin. One of the key advantages is leverage—you can open larger positions with a smaller capital outlay, which amplifies both potential gains and risks. Futures contracts have expiration dates, but perpetual contracts are also popular in crypto. Risk management is crucial, especially due to volatility. I use stop-loss and take-profit levels on every trade. Futures trading requires strategy, discipline, and constant learning.

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