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#CEXvsDEX101 Kicking off our Crypto Trading Fundamentals Deep Dive with #TradingTypes101! Understanding the various types of trading is a crucial first step toward developing a smart, effective strategy. Whether it's Spot, Margin, or Futures trading, each comes with its own set of benefits and risks. The best choice for you depends on your goals, experience level, and risk tolerance. ๐ฌ In your post, consider sharing: ยท The main differences between Spot, Margin, and Futures trading ยท When you use each typeโand which one you prefer and why ยท Your top tips for beginners just getting started ๐ Post your insights with #TradingTypes101 to earn Binance Points! (Just tap the โ+โ on the app homepage and head to the Task Center) ๐ Find the full campaign details here.
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#TradingTypes101 Kicking off our Crypto Trading Fundamentals Deep Dive with #TradingTypes101! Understanding the various types of trading is a crucial first step toward developing a smart, effective strategy. Whether it's Spot, Margin, or Futures trading, each comes with its own set of benefits and risks. The best choice for you depends on your goals, experience level, and risk tolerance. ๐ฌ In your post, consider sharing: ยท The main differences between Spot, Margin, and Futures trading ยท When you use each typeโand which one you prefer and why ยท Your top tips for beginners just getting started ๐ Post your insights with #TradingTypes101 to earn Binance Points! (Just tap the โ+โ on the app homepage and head to the Task Center) ๐ Find the full campaign details here.
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#OrderTypes101 #OrderTypes101 ๐น Stop-Loss Order Designed for risk management. If you're holding $WCT and want to protect yourself from significant losses, you can set a stop-loss at $0.07. If the price falls to that point, your position will automatically be sold to minimize your loss.
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