#CEXvsDEX101 Quick Summary: CEX vs DEX - Which One to Choose?**
#### **🔍 The Key Difference** - **CEX (Centralized):** like Binance and Coinbase - an intermediary that controls your funds - **DEX (Decentralized):** like Uniswap - you have direct control over your funds
#OrderTypes101 ### **Quick Summary: Basic Types of Trading Orders 🎯**
#### **1. Basic Orders (For Beginners)** - **Market Order**: Immediate execution at the current price (fast but not accurate) - **Limit Order**: Execution at a specified price (precise control but not guaranteed execution) - **Stop Order**: Converts to a market order at a certain level (to protect profits/losses)
#### **2. Advanced Orders (For Professionals)** - **Stop-Limit**: Combines features of Stop and Limit together - **GTD**: Valid until a certain date - **FOK**: Full execution or immediate cancellation - **Iceberg**: To hide large trades
#### **3. Golden Tips 💎** - Use **Limit** in quiet markets - **Stop-loss** is essential for risk management - Avoid **Market orders** during sharp volatility
#### **4. Performance Comparison ⚖️** | Type | Speed | Accuracy | Protection | |--------|--------|--------|--------| | Market | Very Fast | Low | Weak | | Limit | Average | High | Medium | | Stop | Fast | Medium | Strong |
**🎯 Essence:** Each type has its optimal use depending on market conditions and your strategy. Choosing the right type is half the success in trading!
#### **🔍 Current Situation** - **Decreased Support**: Elon Musk has recently reduced his talk about Dogecoin (DOGE) after being its biggest supporter. - **Impact on Price**: DOGE has dropped over 20% in 2024 due to the absence of supportive tweets.
#### **📌 Possible Reasons** 1. **Shift in Focus**: Musk is now concentrating on **X (formerly Twitter)** and his startup **xAI**. 2. **Lack of Commercial Adoption**: - Tesla has stopped accepting DOGE as payment. - X did not support Dogecoin payments despite expectations.
#### **💎 Future of Dogecoin** - **Negative Scenario**: If Musk continues to distance himself, DOGE might lose more value. - **Positive Scenario**: Any new sign of support from Musk could lead to a rapid rise again (as happened previously).
#### **📢 Conclusion** Musk has not officially abandoned DOGE, but his silence worries investors. **Following his new tweets could change everything!**
🚀 **Do you think Dogecoin will end 2024 with a rise or fall?** #Dogecoin #ElonMusk
#FTXRefunds Compensation for Clients of the Collapsed FTX Platform** $ETH $ETH
After the collapse of **FTX**, one of the biggest cryptocurrency scandals in 2022, clients began receiving compensation for their lost funds. Here are the main developments:
#### **1. Background of the Collapse** - In **November 2022**, FTX announced its bankruptcy after discovering a **multi-billion dollar shortfall** in its reserves. - Its founder **Sam Bankman-Fried (SBF)** was convicted of **financial fraud** and sentenced to 25 years in prison.
#### **2. Compensation Process** - **Investigators** are recovering funds from the sale of FTX assets (investments, real estate, political donations). - **Compensation Rate**: Clients expect to recover **~90-100%** of their balances (at Bitcoin's price at the time of bankruptcy ~16,000$), although its value is now higher. - **Early Payments**: Began in 2023-2024, some creditors received **100%** of their dues.
#### **3. Criticisms and Issues** - Angry clients demand the current market price of Bitcoin (much higher than in 2022). - Legal complications are delaying some payments.
#### **4. Lessons Learned** - The importance of **self-custody** of cryptocurrencies (wallets not linked to platforms). - Risks of trading on platforms that are not subject to strict regulation.
📌 **Follow-up Sources**: The official **FTX Bankruptcy** website, and reports from **Coindesk** and **Reuters**.
1. **Trump and Bitcoin**: - He previously criticized Bitcoin but has recently shown openness to it. - His future policies may support the adoption of digital currencies if he returns to the presidency.
2. **Truth Social and Bitcoin Investments**: - His company (TMTG) may follow in the footsteps of "Tesla" and invest in Bitcoin as part of its treasury. - This could boost the cryptocurrency market and generate media buzz.
3. **Impact of the U.S. Treasury**: - If Trump wins (2024), cryptocurrency regulation (taxes, laws) may change. - He may support hybrid financial policies (between the dollar and digital assets).
**Conclusion**: The hashtag reflects speculation about Trump's potential support for Bitcoin through his media platform and future policies, which could impact markets and financial regulation. Upcoming developments depend on: - Official announcements from TMTG. - The outcome of the 2024 U.S. elections.
📌 **Stay tuned for upcoming statements for more clarity!**
#CEXvsDEX101 ### **The difference between CEX and DEX in quick points:**
#### **1. Control of funds:** - **CEX (like Binance, Bybit):** funds are under the control of the platform. - **DEX (like Uniswap, PancakeSwap):** funds are in your own wallet (you are in control).
#### **2. Identity (KYC):** - **CEX:** requires identity (KYC). - **DEX:** does not require identity (anonymous trading).
#### **3. Security:** - **CEX:** susceptible to hacking or account freezing. - **DEX:** more secure (if you use a secure wallet).
#### **4. Liquidity and fees:** - **CEX:** higher liquidity, lower fees (sometimes). - **DEX:** depends on "liquidity pools," and gas fees can be high.
#### **5. Better for beginners?** - **CEX:** easier to use. - **DEX:** requires a greater technical understanding.
### **Conclusion:** - **Choose CEX** if you want ease and high liquidity. - **Choose DEX** if you want full control and privacy.