Limit Reduces Your Risk Of Assets

in blog •  29 days ago 

And here's a little feature that you could use that will bypass that and protect you

from the downfalls of the market.

It's called decentralized exchange limit orders.

I don't know if you guys knew this,

but on the Ethereum network,

you could put a limit order using a decentralized exchange.

So as a cryptocurrency holder, you hold the coin yourself. It's not on a centralized exchange, because by the way, if it's on a centralized exchange, they own it, you don't actually own it.

They just give you rights over it so you're not holding anything. It's pretty much a scam. But on a wallet, when a decentralize exchange, you actually own it and a limit order on Uniswap specifically, on the Ethereum chain specifically, can protect you from the downside of a market.

And this is kind of like a win-win.

stock-6596910_1280.jpg
source

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  29 days ago  ·  

Upvoted. Thank You for sending some of your rewards to @null. Get more BLURT:

@ mariuszkarowski/how-to-get-automatic-upvote-from-my-accounts

@ blurtbooster/blurt-booster-introduction-rules-and-guidelines-1699999662965

@ nalexadre/blurt-nexus-creating-an-affiliate-account-1700008765859

@ kryptodenno - win BLURT POWER delegation

Note: This bot will not vote on AI-generated content