💹 Crypto Trading Operations Explained

🔁 Placing Orders:

You can place market orders for instant execution or limit orders to set your preferred price. Use stop-loss to protect against drops and take-profit to lock in gains.

💱 Choosing Trading Pairs:

Select pairs based on volume, liquidity, and your strategy. Example: BTC/USDT for stability, ETH/BTC for crypto-to-crypto moves.

📊 Executing Trades:

On centralized exchanges (CEXs), trades are matched through an order book. On decentralized exchanges (DEXs), they’re done via smart contracts using liquidity pools.

🧠 Risk Management:

Never trade without it. Set clear stop-loss levels, use proper position sizing, and avoid overleveraging. Risk only what you can afford to lose.

📈 Monitoring Performance:

Track real-time PnL, slippage, and fees. Analyze your entry/exit points to improve your future trades.

🔐 Settlement & Confirmation:

CEX trades settle instantly in your wallet. DEX trades need blockchain confirmations, which may take a few seconds to minutes.

⚠️ Final Tips:

Always double-check token contracts.

Watch for slippage and gas fees.

Avoid emotional trading — stick to your plan.

🎯 Success = Strategy + Execution