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Don’t forget to check in daily in rewards hub.That gives you +1 point. 🦋🎊🦋🎊🦋🎊🦋🎊🦋🎊🦋🎊🦋🎊🦋 When you complete 7 days you will win +10 points. 🥳🎈🥳🎈🥳🎈🥳🎈🥳🎈🥳🎈🥳🎈🥳 #BlackRockETHPurchase #MyCOSTrade #BinanceAlphaAlert
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#OrderTypes101 📈💹 Knowing how to use Market, Limit, and Stop orders is a game changer. I mostly use Limit orders to avoid slippage and Stop-Loss to manage risk. Market orders are fast, but not always ideal in low-liquidity pairs. Setting a Stop-Loss saved me from big losses during volatile times. Always plan your entries and exits! 🛑📈
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#CEXvsDEX101 🔒 Security & Control • CEXs • Custodial wallets with insurance cover (often up to a limit) • 24/7 customer support and recovery options • Established compliance & KYC procedures • You don’t truly “own” your private keys • Risk of exchange hack or mismanagement • DEXs • You keep full custody of your assets (no middleman) • Non‑custodial, pseudonymous trading • Often built on transparent smart contracts • Smart contract risk (bugs, exploits) • No recourse if you lose your seed phrase or make a mistake ⚡ User Experience & Liquidity • CEXs • Ultra‑fast order matching, deep order books, margin/leverage options • High liquidity on major pairs—ideal for heavy trading and tight spreads • DEXs • Impermanent loss risk if you’re providing liquidity • Slippage on low‑volume pools, but rising with more DeFi adoption • Gas fees can spike on congested networks (Ethereum, BSC, etc.) 🤔 When to Use Which? • Use a CEX if you need: • High‑speed execution for day trading or arbitrage • Access to advanced order types (OCO, trailing stop, margin) • Fiat on‑ramps or stablecoin conversions without wrapping • Use a DEX if you want: • To swap emerging tokens that aren’t listed on CEXs • Full control of your assets & on‑chain privacy • To participate in yield farming or liquidity mining directly 🎯 My Preference & Strategy I personally split my assets: 1. Long‑term holdings stay in my self‑custody wallet and I use DEXs when rolling into new DeFi projects. 2. Active trading capital lives on a top‑tier CEX for quick trades, low slippage, and leverage opportunities. 💡 Tips for First‑Time DEX Users 1. Start Small: Test with a tiny amount to get familiar with gas fees and slippage. 2. Check Smart‑Contract Audits: Only use well‑audited platforms (Uniswap, PancakeSwap, etc.). 3.Use a Hardware Wallet or WalletConnect: Keep your seed phrase offline. 4.Monitor Gas Price 5. Double‑check contract addresses on official sources before swapping.
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