Beginner

Exchanges, Swaps, and Charts

Where crypto is actually bought and sold: centralised and decentralised exchanges, what happens inside a swap, and how to read a chart and a token page for risk.

6 lessons

A practical course on the places people trade. You will learn how a centralised exchange holds your assets and what happens when one fails, how a decentralised 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

Centralised and Decentralised 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.

Listen instead

The same chapters, by ear. One episode per chapter of this course.

Learn blockchain, on-chain markets, and meme launches one clear lesson at a time.

Sign up to start