#Ordertype101 Order Type 101 – Master the Basics of Trading Orders

🎯 Trading isn’t just about buying and selling — it's how you place orders that can make all the difference!

Here are the most common Order Types every trader should know:

1️⃣ Market Order – Buy or sell immediately at the current price.

⚡ Fast but can lead to unexpected price changes (slippage).

2️⃣ Limit Order – Set your own price to buy or sell.

🎯 More control, but not guaranteed to execute.

3️⃣ Stop Loss Order – Automatically sell if the price drops to a certain level.

🛡️ Great for minimizing losses.

4️⃣ Stop Limit Order – Like a stop loss, but with more precision.

📉 Triggers a limit order instead of a market one.

💡 Knowing your order types = smarter trades!

#CEXvsDEX101 – What’s the Difference Between Centralized and Decentralized Exchanges?

Wondering whether to use a CEX or DEX? Here’s a quick breakdown:

🔷 CEX (Centralized Exchange)

✔️ Examples: Binance, Coinbase

✅ Easy to use

✅ High liquidity

🔒 You don’t hold your own private keys

🔶 DEX (Decentralized Exchange)

✔️ Examples: Uniswap, PancakeSwap

✅ Full control over your funds

✅ More privacy

⚠️ Can have lower liquidity and require more technical know-how

💬 TL;DR:

👉 CEX = Simpler & beginner-friendly

👉 DEX = More control & privacy