Crypto exchanges: What is a CEX?
When trading cryptocurrencies, you can use two kinds of exchanges: a decentralized exchange (DEX) or a centralized exchange (CEX). We’ll go over the differences with you today.
CEXs are the most convenient and popular way to buy, sell, and trade cryptocurrencies.
Advantages of CEXs:
▪️ High order-processing speeds (transactions are near-instant).
▪️ A wide range of cryptocurrencies and trading pairs.
▪️ User-friendly interfaces.
▪️ Some of them are “foolproof,” meaning if you’ve sent crypto to the wrong address, the platform might be able to help you recover your funds.
▪️ Buying crypto with fiat currencies.
Disadvantages of CEXs:
▪️ They’re vulnerable to hacks and scams. Hackers could gain access to your account and steal all your crypto.
▪️ High transaction fees (not always, but it’s common).
▪️ Withdrawal restrictions and completing Know Your Customer, which is the process of presenting your ID documents to the exchange before it lets you use the platform.
▪️ An alarmingly low level of storage security for your crypto; your coins are in the exchange’s possession, akin to having your money at a bank.
Who would find a CEX useful?
People who want a convenient and quick way of buying, selling, and trading cryptocurrencies. CEXs are widely used among traders and crypto beginners.
People with no interest in taking the time to learn the intricacies of decentralized finance, or DeFi.
Meanwhile, it’s strongly recommended not to use CEXs for long-term crypto storage. Advanced crypto users are well aware of this and have become comfortable using DEXs and decentralized wallets.
When trading cryptocurrencies, you can use two kinds of exchanges: a decentralized exchange (DEX) or a centralized exchange (CEX). We’ll go over the differences with you today.
CEXs are the most convenient and popular way to buy, sell, and trade cryptocurrencies.
Advantages of CEXs:
▪️ High order-processing speeds (transactions are near-instant).
▪️ A wide range of cryptocurrencies and trading pairs.
▪️ User-friendly interfaces.
▪️ Some of them are “foolproof,” meaning if you’ve sent crypto to the wrong address, the platform might be able to help you recover your funds.
▪️ Buying crypto with fiat currencies.
Disadvantages of CEXs:
▪️ They’re vulnerable to hacks and scams. Hackers could gain access to your account and steal all your crypto.
▪️ High transaction fees (not always, but it’s common).
▪️ Withdrawal restrictions and completing Know Your Customer, which is the process of presenting your ID documents to the exchange before it lets you use the platform.
▪️ An alarmingly low level of storage security for your crypto; your coins are in the exchange’s possession, akin to having your money at a bank.
Who would find a CEX useful?
People who want a convenient and quick way of buying, selling, and trading cryptocurrencies. CEXs are widely used among traders and crypto beginners.
People with no interest in taking the time to learn the intricacies of decentralized finance, or DeFi.
Meanwhile, it’s strongly recommended not to use CEXs for long-term crypto storage. Advanced crypto users are well aware of this and have become comfortable using DEXs and decentralized wallets.
📊 Market Overview:
BTC : $94859
ETH : $2586.45
SOL : $195.38
BNB : $572.84
📈 Market Cap :
Total : 3.22T
DeFi : 100.66B
24hr Vol : 401.22B
⚡ Sentiment :
FGI : Fear (44)
Open Interest : 60.75B
24h Liquidation : $2274.8M
BTC : $94859
ETH : $2586.45
SOL : $195.38
BNB : $572.84
📈 Market Cap :
Total : 3.22T
DeFi : 100.66B
24hr Vol : 401.22B
⚡ Sentiment :
FGI : Fear (44)
Open Interest : 60.75B
24h Liquidation : $2274.8M
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If you're new to crypto, you may often come across strange words in chats and posts. Here's a breakdown of the most popular ones:
🚀 To the Moon is a phrase that denotes a sharp rise in the price of an asset. Example: “ETH to the moon!”
📉 Dump - a sharp drop in price. “The whales did a dump, minus the depo...”
📈 Pump - a sharp rise in price, often artificially orchestrated. “Pump alta, let's fly!”
🐳 Whale - a large holder of crypto, capable of moving the market. “Whales are draining BTC, waiting for drawdown...”
💎 Diamond Hands - investors who don't sell an asset even in case of strong fluctuations. “I have diamond hands, holding BTC until it flies away!”
👐 Paper Hands - those who easily panic and sell an asset at the slightest drawdown. “Paper hands sold off by -5% again.”
💰 HOLD - a strategy to hold crypto for the long term despite fluctuations. “I'm getting into HODL, I don't care about volatility.”
🐻 Bear Market - Bear market, a downward price trend. “In a bear market, it's best to buy long term.”
🐂 Bull Run - bull market, up and positive expectations. “Bull market, everything is going up!”
🔥 DYOR (Do Your Own Research) - “do your own research”, don't invest blindly. “Before you enter a project - DYOR!”
🚀 To the Moon is a phrase that denotes a sharp rise in the price of an asset. Example: “ETH to the moon!”
📉 Dump - a sharp drop in price. “The whales did a dump, minus the depo...”
📈 Pump - a sharp rise in price, often artificially orchestrated. “Pump alta, let's fly!”
🐳 Whale - a large holder of crypto, capable of moving the market. “Whales are draining BTC, waiting for drawdown...”
💎 Diamond Hands - investors who don't sell an asset even in case of strong fluctuations. “I have diamond hands, holding BTC until it flies away!”
👐 Paper Hands - those who easily panic and sell an asset at the slightest drawdown. “Paper hands sold off by -5% again.”
💰 HOLD - a strategy to hold crypto for the long term despite fluctuations. “I'm getting into HODL, I don't care about volatility.”
🐻 Bear Market - Bear market, a downward price trend. “In a bear market, it's best to buy long term.”
🐂 Bull Run - bull market, up and positive expectations. “Bull market, everything is going up!”
🔥 DYOR (Do Your Own Research) - “do your own research”, don't invest blindly. “Before you enter a project - DYOR!”
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📊 Market Overview:
BTC : $97942
ETH : $2759.19
SOL : $198.94
BNB : $584.74
📈 Market Cap :
Total : 3.32T
DeFi : 104.93B
24hr Vol : 145.54B
⚡ Sentiment :
FGI : Fear (44)
Open Interest : 59.21B
24h Liquidation : $236.1M
BTC : $97942
ETH : $2759.19
SOL : $198.94
BNB : $584.74
📈 Market Cap :
Total : 3.32T
DeFi : 104.93B
24hr Vol : 145.54B
⚡ Sentiment :
FGI : Fear (44)
Open Interest : 59.21B
24h Liquidation : $236.1M
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📊 Market Overview:
BTC : $96535
ETH : $2653.3
SOL : $201.37
BNB : $621.94
📈 Market Cap :
Total : 3.29T
DeFi : 101.7B
24hr Vol : 90.18B
⚡ Sentiment :
FGI : Fear (46)
Open Interest : 58.3B
24h Liquidation : $135.2M
BTC : $96535
ETH : $2653.3
SOL : $201.37
BNB : $621.94
📈 Market Cap :
Total : 3.29T
DeFi : 101.7B
24hr Vol : 90.18B
⚡ Sentiment :
FGI : Fear (46)
Open Interest : 58.3B
24h Liquidation : $135.2M
📊 Cryptocurrency Trading Basics: Technical Analysis 📈
Technical analysis evaluates investments through statistical analysis of market activity 📉. It focuses on price charts and indicators to identify patterns. Unlike fundamental analysis, it doesn't measure underlying value but uses historical price data to predict future movements 📅.
Key Concepts:
- Market Discounts Everything: Prices reflect all information 💡.
- Price Moves in Trends: Future movements follow trends 📉.
- History Repeats Itself: Past data predicts future trends 🔄.
Learning & Practice:
Continuous learning and practice are essential 📚. Engage with resources, practice extensively, and contribute your insights.
Technical analysis evaluates investments through statistical analysis of market activity 📉. It focuses on price charts and indicators to identify patterns. Unlike fundamental analysis, it doesn't measure underlying value but uses historical price data to predict future movements 📅.
Key Concepts:
- Market Discounts Everything: Prices reflect all information 💡.
- Price Moves in Trends: Future movements follow trends 📉.
- History Repeats Itself: Past data predicts future trends 🔄.
Learning & Practice:
Continuous learning and practice are essential 📚. Engage with resources, practice extensively, and contribute your insights.
📊 Market Overview:
BTC : $97099
ETH : $2704.64
BNB : $667.44
SOL : $192.62
📈 Market Cap :
Total : 3.36T
DeFi : 106.3B
24hr Vol : 61.84B
⚡ Sentiment :
FGI : Neutral (54)
Open Interest : 60.21B
24h Liquidation : $87.8M
BTC : $97099
ETH : $2704.64
BNB : $667.44
SOL : $192.62
📈 Market Cap :
Total : 3.36T
DeFi : 106.3B
24hr Vol : 61.84B
⚡ Sentiment :
FGI : Neutral (54)
Open Interest : 60.21B
24h Liquidation : $87.8M
📊 Market Overview:
BTC : $96158
ETH : $2708.49
BNB : $653.8
SOL : $171.99
📈 Market Cap :
Total : 3.3T
DeFi : 102.81B
24hr Vol : 117.28B
⚡ Sentiment :
FGI : Fear (44)
Open Interest : 61.61B
24h Liquidation : $276.6M
BTC : $96158
ETH : $2708.49
BNB : $653.8
SOL : $171.99
📈 Market Cap :
Total : 3.3T
DeFi : 102.81B
24hr Vol : 117.28B
⚡ Sentiment :
FGI : Fear (44)
Open Interest : 61.61B
24h Liquidation : $276.6M
📊 Market Overview:
BTC : $98936
ETH : $2805.51
BNB : $664.12
SOL : $178.07
📈 Market Cap :
Total : 3.39T
DeFi : 108B
24hr Vol : 111.15B
⚡ Sentiment :
FGI : Greed (55)
Open Interest : 65.37B
24h Liquidation : $353.4M
BTC : $98936
ETH : $2805.51
BNB : $664.12
SOL : $178.07
📈 Market Cap :
Total : 3.39T
DeFi : 108B
24hr Vol : 111.15B
⚡ Sentiment :
FGI : Greed (55)
Open Interest : 65.37B
24h Liquidation : $353.4M
What is Crypto Arbitrage
-in simple words , we look for the difference if the price of a coin between two different crypto exchanges , buy the cheaper coin on the first exchange , and sell it more expensive on the second exchange .
For example : We bought $ETH for $5000 on exchange "1" and sold $ETH for $5500 on exchange "2" we got a $500 profit
-in simple words , we look for the difference if the price of a coin between two different crypto exchanges , buy the cheaper coin on the first exchange , and sell it more expensive on the second exchange .
For example : We bought $ETH for $5000 on exchange "1" and sold $ETH for $5500 on exchange "2" we got a $500 profit
📊 Market Overview:
BTC : $96860
ETH : $2739.77
BNB : $657.07
SOL : $173.79
📈 Market Cap :
Total : 3.32T
DeFi : 104.34B
24hr Vol : 154.61B
⚡ Sentiment :
FGI : Neutral (49)
Open Interest : 59.66B
24h Liquidation : $456.8M
BTC : $96860
ETH : $2739.77
BNB : $657.07
SOL : $173.79
📈 Market Cap :
Total : 3.32T
DeFi : 104.34B
24hr Vol : 154.61B
⚡ Sentiment :
FGI : Neutral (49)
Open Interest : 59.66B
24h Liquidation : $456.8M
📊 Market Overview:
BTC : $95724
ETH : $2788.97
BNB : $655.58
SOL : $168.87
📈 Market Cap :
Total : 3.3T
DeFi : 104.37B
24hr Vol : 82.97B
⚡ Sentiment :
FGI : Neutral (50)
Open Interest : 58.13B
24h Liquidation : $116.3M
BTC : $95724
ETH : $2788.97
BNB : $655.58
SOL : $168.87
📈 Market Cap :
Total : 3.3T
DeFi : 104.37B
24hr Vol : 82.97B
⚡ Sentiment :
FGI : Neutral (50)
Open Interest : 58.13B
24h Liquidation : $116.3M
📊 Market Overview:
BTC : $95787
ETH : $2681.05
BNB : $639.2
SOL : $159.16
📈 Market Cap :
Total : 3.26T
DeFi : 101.21B
24hr Vol : 105B
⚡ Sentiment :
FGI : Neutral (49)
Open Interest : 59.25B
24h Liquidation : $262.3M
BTC : $95787
ETH : $2681.05
BNB : $639.2
SOL : $159.16
📈 Market Cap :
Total : 3.26T
DeFi : 101.21B
24hr Vol : 105B
⚡ Sentiment :
FGI : Neutral (49)
Open Interest : 59.25B
24h Liquidation : $262.3M
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Over the past year, eight prominent figures—among several others—engaged in insightful discussions about them in the context of crypto markets. Here are some of the key takeaways:
🟠Donald Trump – Negative news about Trump weakens markets, while positive news boosts them
🟠Elon Musk – Increased mentions slightly lift markets, especially during meme coin rallies
🟠CZ – News about CZ generally leads to crypto bounces due to strong community support
🟠Jerome Powell – Fed rate cuts trigger sharp market rises, unchanged rates cause slight declines, and rate hikes lead to major drops
🟠Donald Trump – Negative news about Trump weakens markets, while positive news boosts them
🟠Elon Musk – Increased mentions slightly lift markets, especially during meme coin rallies
🟠CZ – News about CZ generally leads to crypto bounces due to strong community support
🟠Jerome Powell – Fed rate cuts trigger sharp market rises, unchanged rates cause slight declines, and rate hikes lead to major drops
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Forwarded from Crypto Gates | Blockchain Development
If you're new to crypto, you may often come across strange words in chats and posts. Here's a breakdown of the most popular ones:
🚀 To the Moon is a phrase that denotes a sharp rise in the price of an asset. Example: “ETH to the moon!”
📉 Dump - a sharp drop in price. “The whales did a dump, minus the depo...”
📈 Pump - a sharp rise in price, often artificially orchestrated. “Pump alta, let's fly!”
🐳 Whale - a large holder of crypto, capable of moving the market. “Whales are draining BTC, waiting for drawdown...”
💎 Diamond Hands - investors who don't sell an asset even in case of strong fluctuations. “I have diamond hands, holding BTC until it flies away!”
👐 Paper Hands - those who easily panic and sell an asset at the slightest drawdown. “Paper hands sold off by -5% again.”
💰 HOLD - a strategy to hold crypto for the long term despite fluctuations. “I'm getting into HODL, I don't care about volatility.”
🐻 Bear Market - Bear market, a downward price trend. “In a bear market, it's best to buy long term.”
🐂 Bull Run - bull market, up and positive expectations. “Bull market, everything is going up!”
🔥 DYOR (Do Your Own Research) - “do your own research”, don't invest blindly. “Before you enter a project - DYOR!”
🚀 To the Moon is a phrase that denotes a sharp rise in the price of an asset. Example: “ETH to the moon!”
📉 Dump - a sharp drop in price. “The whales did a dump, minus the depo...”
📈 Pump - a sharp rise in price, often artificially orchestrated. “Pump alta, let's fly!”
🐳 Whale - a large holder of crypto, capable of moving the market. “Whales are draining BTC, waiting for drawdown...”
💎 Diamond Hands - investors who don't sell an asset even in case of strong fluctuations. “I have diamond hands, holding BTC until it flies away!”
👐 Paper Hands - those who easily panic and sell an asset at the slightest drawdown. “Paper hands sold off by -5% again.”
💰 HOLD - a strategy to hold crypto for the long term despite fluctuations. “I'm getting into HODL, I don't care about volatility.”
🐻 Bear Market - Bear market, a downward price trend. “In a bear market, it's best to buy long term.”
🐂 Bull Run - bull market, up and positive expectations. “Bull market, everything is going up!”
🔥 DYOR (Do Your Own Research) - “do your own research”, don't invest blindly. “Before you enter a project - DYOR!”
👍4
📊 Market Overview:
BTC : $87918
ETH : $2434.31
BNB : $618.64
SOL : $136.92
📈 Market Cap :
Total : 3.01T
DeFi : 92.81B
24hr Vol : 159.1B
⚡ Sentiment :
FGI : Extreme Fear (21)
Open Interest : 56.68B
24h Liquidation : $407.5M
BTC : $87918
ETH : $2434.31
BNB : $618.64
SOL : $136.92
📈 Market Cap :
Total : 3.01T
DeFi : 92.81B
24hr Vol : 159.1B
⚡ Sentiment :
FGI : Extreme Fear (21)
Open Interest : 56.68B
24h Liquidation : $407.5M
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