#OrderTypes101 Market order vs. limit orders Market orders are orders that you would expect to execute immediately. Essentially, they say at the current price, do x. Suppose you’re on Binance, you want to buy 3 BTC, and Bitcoin is trading at $15,000. You’re happy paying $45,000 for the coins and don’t want to wait for prices to drop lower, so you place a buy market order. Who’s selling the coins, you ask? We need to look at the order book to figure that out. This is where the exchange keeps a big list of limit orders, which are simply orders that aren’t executed immediately. These might say something like at y price, do x. For the sake of this example, another user might have placed an order earlier telling the exchange to sell 3 BTC when the price hits $15,000. So, when you place your market order, the exchange matches it with the book’s limit order. Effectively, you haven’t created an order – instead, you’ve filled an existing one, removing it from the order book. This makes you a taker because you’ve taken some of the exchange’s liquidity away. The other user, however, is a maker because they’ve added to it. Typically, you enjoy lower fees as a maker, because you’re providing a benefit to the exchange. The relationship between these two players is explored in more detail in Market Makers and Market Takers, Explained. Check it out if you want a better understanding of how exchanges work.
#CEXvsDEX101 ⚔️ Centralized vs Decentralized Exchanges If you're trading crypto, you're using either a CEX or a DEX – but do you really understand the difference? Here's a breakdown you can't ignore 👇 🏢 CEX – Centralized Exchange Examples: Binance, Coinbase, Kraken 🔐 Custodial: You give control of your private keys 💳 User-Friendly: Easy UI, fiat on-ramps, faster execution 👮 KYC/Regulated: Requires identity verification ⚠️ Risk: Prone to hacks, freezes, and shutdowns ✅ Best for: Beginners, high-volume traders, fiat-to-crypto access 🌐 DEX – Decentralized Exchange Examples: Uniswap, PancakeSwap, dYdX 🔑 Non-Custodial: You control your own wallet & keys 💸 Permissionless: No KYC, open to anyone with a wallet 📊 On-Chain: Transactions are transparent & trustless ⚠️ Risk: Smart contract bugs, slippage, scam tokens ✅ Best for: Privacy-focused users, DeFi lovers, token farming 🧠 Bottom Line: Want convenience & speed? → Try a CEX Want freedom & privacy? → Explore a DEX Know when to use which. Smart traders master both. 🔁 Save this & share it with your crypto squad! #CryptoEducation
Welcome to #TradingTypes101! Whether you're a beginner or exploring new strategies, understanding trading types is key to success. There are several common styles: Day Trading involves quick in-and-out trades within the same day. Swing Trading holds positions for days or weeks, aiming to capture market “swings.” Scalping focuses on very short-term trades for small profits, while Position Trading is more long-term, based on fundamental trends. Each type requires a different mindset, risk tolerance, and strategy.
Explore each style, test what fits your goals, and always manage your risk. Trading isn’t one-size-fits-all—find your edge!
#TradersBootCamp "Traders Boot Camp 2025: Master Binance tools, boost profits, and level up your trading skills!" This is an incredible offrom Binance, and everyone should make the most of it while it lasts. We are truly excited to see even more offers like this coming our way in the future. Let's stay patient and keep an eye out for more opportunities, especially during Ramadan, as this is a great chance to earn money and make the most of our investments!"