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pragnesh mK
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#TradingTypes101 For the first topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #TradingTypes101 . Understanding different trading types is the first step to building a well-informed strategy. Spot, Margin, and Futures trading each offer unique advantages and risks. Choosing the right one depends on your goals, experience, and risk appetite. 💬 Your post can include: · What are the key differences between Spot, Margin, and Futures trading? · When do you use the different types of trades? Which one do you use most and why? · What tips would you offer to beginners? 👉 Create a post with #TradingTypes101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
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#CEXvsDEX101 For the second topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #CEXvsDEX101 . Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use which is an essential part of risk-aware trading. 💬 Your post can include: · In your experience, what are the pros and cons of CEXs vs DEXs? · Which do you prefer and in what situations? · What do you consider when choosing between a CEX and DEX? · What advice would you give to someone using a DEX for the first time? 👉 Create a post with #CEXvsDEX101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center) 🔗 Full campaign details here.
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#OrderTypes101 #OrderTypes101 #OrderTypes101: Understanding the Basics of Crypto Trading Orders In crypto trading, using the right type of order can be the difference between profit and loss. Here are the most common order types every trader should know: 🔹 Market Order: Executes immediately at the current market price. Best for speed, not for precision. 🔹 Limit Order: You set your price. The order only executes when the market hits your target. Ideal for planned entries and exits. 🔹 Stop-Loss Order: Automatically sells your asset if it drops to a certain price. A key tool for managing risk. 🔹 Take-Profit Order: Locks in profits when the price hits your target level. Perfect for disciplined exits. 🔹 Stop-Limit Order: Combines stop and limit. Once a stop price is hit, it places a limit order instead of a market order—giving you more control.
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