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In the complex world of cryptocurrency trading, two primary trading models stand prominent - traditional Order Book Exchanges and the newer Automated Market Makers (AMMs). These models, while sharing a common goal of facilitating trade, follow quite different paths to achieve it. Understanding these differences is crucial for everyone, from those who have just set foot in the world of cryptocurrencies to the most seasoned traders. Anybody can place a pending order, also known as a “limit order”
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