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#CEXvsDEX101 *CEX vs DEX 101* Crypto trading platforms come in two main types: - *CEX (Centralized Exchange)*: Like Binance are controlled by a central authority, offering high liquidity and user-friendly interfaces. - *DEX (Decentralized Exchange)*: Platforms like Uniswap or SushiSwap operate on blockchain networks, allowing peer-to-peer transactions without intermediaries. *Key differences:* - *Control*: CEXs control user assets, while DEXs empower users with full control. - *Security*: CEXs are vulnerable to hacks, whereas DEXs are more secure. - *Liquidity*: CEXs typically offer higher liquidity. Choose CEX for ease of use and high liquidity, or DEX for security and control. #CEXvsDEX #CryptoTrading #DecentralizedExchange #CentralizedExchange
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#OrderTypes101 - *Market Order*: Buy or sell at the current market price. - *Limit Order*: Buy or sell at a specific price. - *Stop-Loss Order*: Sell when the price falls to a certain level. - *Take-Profit Order*: Sell when the price reaches a certain level. Each order type serves a purpose. Mastering them can help you trade more effectively! #OrderTypes #Trading101 #MarketOrders #LimitOrders
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