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Understanding order types on cryptocurrency exchanges

In this article, we’ll cover the most common order types used on cryptocurrency exchanges and how to use them to your advantage. Market Order A market order is the most basic type of order and is used to execute a trade immediately at the current market price. When a trader places a market order, the order is filled at the best available price on the exchange. Market orders are useful… Read More »Understanding order types on cryptocurrency exchanges

Using stop-loss orders to minimize losses

In this article, we’ll take a closer look at what stop-loss orders are, how they work, and how you can use them to minimize your losses when trading cryptocurrencies. What is a stop-loss order? A stop-loss order is an order placed with a broker or exchange to sell a cryptocurrency at a predetermined price. The purpose of a stop-loss order is to limit the potential loss on a trade. If… Read More »Using stop-loss orders to minimize losses

Understanding order books and market depth

This article aims to provide an in-depth understanding of what order books and market depth are, how they work, and how to interpret them. What is an Order Book? An order book is a record of all buy and sell orders that have been placed on a trading platform. It displays the current bids and asks for a particular cryptocurrency or asset, along with their corresponding prices and volumes. In… Read More »Understanding order books and market depth