Introduction to Off-Chain Trading

What this lesson covers

• Established exchanges: Coinbase, Kraken, Bitstamp, Binance
• Spot and derivatives exchanges: Bybit, OKX, KuCoin, Gate, HTX
• How a purchase with USDT works, using Ethereum as the example
• What every trade has: price, quantity, slippage and fees
• The order book and the bid-ask spread
• Market orders and limit orders
• What dollar-cost averaging (DCA) is
• Depositing, converting and withdrawing
• How exchange staking products work and what they risk