Exchanges, Swaps, and Charts
Where crypto is actually bought and sold: centralized and decentralized exchanges, what happens inside a swap, and how to read a chart and a token page for risk.
9 lessons
A practical course on the places people trade. You will learn how a centralized exchange holds your assets and what happens when one fails, how a decentralized exchange works without an operator, every step of a token swap from approval to minimum received, how bots profit from the order of transactions, and how to read a price chart and a token page to spot risk. It does not teach trading strategies or predictions.
Chapters & lessons
Centralized and Decentralized Exchanges
Who holds your assets on each kind of exchange, and what that means when something goes wrong.
How a Swap Works
Every step between pressing swap and receiving tokens, and how bots profit from the order of transactions.
Reading a Chart and a Token Page
What a price chart and a token page can tell you about risk, and what they cannot tell you about the future.
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The same chapters, by ear. One episode per chapter of this course.
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