<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*7BnoJLXeqGMrcbTqgBY6cg.png" /></figure>Dear Crypto Community,We’re kicking off 2025 with excitement! 🎉 NitroEx is bringing you a host of new updates, and this year, we’re turning to you for ideas on which tokens to list on our platform! 🌟How does it work? Here are the details:✨ New Token Listing Event: This year, we’ll select 5 new tokens to be listed on our exchange through polls on our social media channels. The top 5 tokens with the most votes will be traded on NitroEx! 🎯💹 A New Token Every Week: The selected tokens will be traded in USDT pairs, with one token listed every week for a month. Don’t miss the excitement — be part of the action!🎉 Volume Competition: For each listed token, we’ll organize a weekly volume competition. The top 10 users with the highest trading volume will win amazing prizes! With a prize pool of 50 MILLION NTX, trade more to secure your spot among the winners!Big rewards for your tokens! 🎁The top 5 tokens will be chosen by your votes from the following 10 options:<ol><li>Render (RENDER)</li><li>The Graph (GRT)</li><li>Mantra (OM)</li><li>Ethereum Name Service (ENS)</li><li>Ethena (ENA)</li><li>Injective (INJ)</li><li>Immutable (IMX)</li><li>Ondo (ONDO)</li><li>Lido DAO (LDO)</li><li>Worldcoin (WLD)</li></ol>Visit our social media channels now to vote and participate in the poll!The competition for each token will last for one month, during which a total of 50 Million NTX will be distributed as rewards.Volume Competition Rewards (Per Token):<ol><li>4 Million NTX</li><li>1 Million NTX</li><li>1 Million NTX</li><li>0.7 Million NTX</li><li>0.7 Million NTX</li><li>0.6 Million NTX</li><li>0.6 Million NTX</li><li>0.5 Million NTX</li><li>0.5 Million NTX</li><li>0.4 Million NTX</li></ol>The competition will start as soon as trading for each token is live and will last for one month. Winners will be announced at the end of the month, and rewards will be distributed within one week. Stay tuned for updates and announcements!Good luck!2025 marks a new era for NitroEx! Keep following us for more exciting updates. 💥Best regards,The NitroEx Team<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=419e6bf0bb67" width="1" height="1" alt="">

Listing Event 2025

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*4llutrQyzoaBSgDz-9MKwg.png" /></figure>In cryptocurrency trading, the two primary order types are market orders and limit orders. These orders serve different strategies based on speed, price control, and risk. In this blog, we’ll cover the details of how these orders work, how they appear on the order book, and answer frequently asked questions.What is a Market Order?A market order is executed immediately at the current market price. Traders use market orders when they want to buy or sell quickly, accepting the best available price in the market.• Advantages: Transactions are fast, ideal for highly volatile markets.• Disadvantages: There is a risk of slippage, meaning the trade may be completed at a price higher or lower than expected.• Commission: Market orders incur a taker fee, which is typically higher since they remove liquidity from the market.Example: If Bitcoin is priced at $27,000, and you place a market order to buy 2 BTC, the order might execute like this:<ul><li>1 BTC at $27,000</li><li>0.5 BTC at $27,100</li><li>0.5 BTC at $27,200</li></ul>Here, the purchase is fulfilled in portions at different prices, depending on available market liquidity.What is a Limit Order?A limit order allows traders to set a specific price at which they want to buy or sell. The trade will only be executed if the market reaches the specified price or better.• Advantages: Traders have control over the price at which they buy or sell.• Disadvantages: If the market does not reach the desired price, the order remains unfilled.• Commission: Limit orders usually incur a maker fee, which is lower since they add liquidity to the market.Example: If Bitcoin is trading at $27,000, and you place a limit buy order at $26,500, the order will remain open until the price drops to $26,500. If the price doesn’t reach that level, the order will stay in the order book or remain unexecuted.How Market and Limit Orders Appear on the Order Book?<ol><li>Market Orders:</li></ol>Market orders are typically not visible on the order book because they are executed instantly. However:If Liquidity is Insufficient: The order may only be partially executed, with the remaining portion visible on the order book.In High Volatility: Market orders may appear briefly on the book due to delays in execution.<ol><li>Limit Orders:</li></ol>Limit orders remain visible on the order book until executed or canceled. Orders are prioritized on a first-come, first-served basis at the same price level.What Happens When a Partially Filled Order is Canceled?For Market Orders:Market orders are executed immediately, and the completed portion cannot be canceled. If part of the order remains unfilled due to insufficient liquidity, you can cancel the remaining amount without incurring additional fees.Example: You place a market buy order for 2 BTC, but only 1.5 BTC is filled. If you cancel the remaining 0.5 BTC, no fee will be charged for the unfilled portion.For Limit Orders:When canceling a limit order, only the unfilled portion is removed from the order book. The completed portion is irreversible, and the corresponding maker fee is charged.Example: You place a limit sell order for 2 BTC at $27,000. If 1 BTC sells, you can cancel the remaining 1 BTC without any fee for the canceled portion. However, the 1 BTC already sold will incur the maker fee.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*px5nWs2X6MrK_93DkFApeQ.png" /><figcaption>Summary of Fees for Canceled Orders</figcaption></figure>When Should You Use Each Order Type?In Volatile Markets: Use a market order to quickly enter or exit a position when prices are fluctuating rapidly.For Precise Pricing: Use a limit order when you want to control the exact price at which your trade is executed.Market and limit orders serve different strategic purposes in cryptocurrency trading. Market orders are ideal for fast execution but come with higher taker fees and the risk of slippage. Limit orders provide better price control with lower maker fees but may remain unexecuted if the market doesn’t reach the desired price. When canceling orders, fees only apply to the executed portions, and the unfilled parts are canceled without charge. Knowing how and when to use these orders will help traders navigate the crypto market more effectively.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=0f4b88227859" width="1" height="1" alt="">

Market Order and Limit Order: Differences and FAQs

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Rafi3HuGt6nvhn0Hkf77qA.png" /></figure>In recent years, blockchain technology has fundamentally transformed the way we perceive and interact with digital applications. At the core of this revolution are Decentralized Applications (DApps). Unlike traditional applications, DApps operate on a decentralized network, offering a more secure, transparent, and censorship-resistant structure. But what exactly are DApps, how do they work, and why have they become so important?<h3>How Do DApps Work?</h3>To understand how DApps function, it’s crucial first to explore the concept of decentralization. Traditional applications rely on a centralized architecture managed by central servers or intermediaries. This centralized structure is vulnerable to data breaches, manipulation, and censorship. In contrast, DApps operate on a peer-to-peer (P2P) network without the need for a central authority. This decentralized setup ensures that data is distributed across multiple nodes, and even if one node fails or is attacked, the application continues to function seamlessly.DApps are powered by smart contracts running on blockchain platforms such as Ethereum. Smart contracts are immutable pieces of code that automatically execute when predefined conditions are met. These contracts enable secure transactions without the need for third parties. For example, in a DApp for borrowing, the smart contract automatically completes the transaction once the conditions are met.Moreover, DApps offer the advantages of transparency and security, making them more resilient to data manipulation. All transactions on a blockchain are recorded immutably and can be verified by all participants in the network, providing users with complete assurance over their activities.<h3>Key Features and Advantages of DApps</h3><ul><li>Decentralization: One of the most significant advantages of DApps is that they operate without the need for a central authority. This architecture ensures continuous uptime and resilience to certain types of attacks, as there is no single point of failure.</li><li>Transparency and Security: Since all transactions are recorded on the blockchain, users can review and verify each transaction. This dramatically reduces the risk of fraud and data manipulation.</li><li>Data Ownership: In DApps, users have full control over their data. Without centralized servers or third-party intermediaries, users can manage and share their data as they see fit.</li><li>Smart Contracts: In this model, intermediaries are eliminated, and transactions are secured through smart contracts, allowing for fast, secure, and automated processes.</li></ul><h3>Challenges and Limitations of DApps</h3>Despite their vast potential, DApps face certain challenges due to current technological limitations. One of the most pressing issues is scalability. Blockchain networks can slow down as the number of users and transaction volumes increase, leading to higher transaction fees. This can negatively impact the user experience.Another challenge is user experience. Compared to traditional applications, DApps can be more complex in terms of their interfaces and functionality. Users unfamiliar with blockchain technology may find it challenging to use these applications. Nevertheless, as the technology matures, these challenges are expected to diminish.<h3>Current Examples of DApp Usage</h3>Here are some of the most popular categories of DApps:<h3>Decentralized Finance (DeFi)</h3>DeFi applications have gained significant momentum in the blockchain space, offering financial services such as lending, borrowing, decentralized exchanges, stablecoins, yield farming, and automated asset management. DeFi DApps aim to provide open, permissionless, and transparent alternatives to traditional financial systems.<h3>Non-Fungible Token (NFT) Platforms</h3>NFTs have become increasingly popular, enabling the creation and trade of unique digital assets on blockchain networks. DApps in this space allow artists, creators, and collectors to tokenize and trade digital art, collectibles, virtual real estate, and more.<h3>Gaming and Virtual Worlds</h3>DApps facilitate the creation of decentralized gaming platforms and virtual worlds where players can securely own and trade in-game assets. These DApps often leverage blockchain technology to determine the verifiable scarcity and ownership of virtual items.<h3>Governance and Voting</h3>DApps enable decentralized governance and voting systems that allow communities to make collective decisions. These DApps provide transparent and auditable processes for voting on proposals, allocating resources, and implementing changes within a community or organization.<h3>Decentralized Storage and Computing</h3>DApps are also exploring decentralized storage and computing solutions. These DApps use distributed networks to securely store and process data, reducing reliance on central servers and potentially improving data protection.<h3>Identity and Authentication</h3>Some DApps focus on providing decentralized identity and authentication solutions. These DApps aim to give users more control over their personal data and allow them to manage and verify their identities securely without relying on centralized authorities.<h3>Popular DApp Examples</h3><ul><li>Uniswap: One of the largest decentralized exchanges (DEX), allowing users to trade cryptocurrencies without intermediaries.</li><li>OpenSea: The world’s most popular decentralized marketplace for buying and selling NFTs.</li><li>Compound: A DeFi application that allows users to lend their cryptocurrencies and earn interest on them.</li></ul><h3>Conclusion</h3>DApps hold the potential to revolutionize numerous industries, including finance, supply chain, and healthcare. As developers and entrepreneurs explore the advantages of decentralized structures, the DApp ecosystem will continue to expand. In particular, Decentralized Finance (DeFi) applications are rapidly evolving as alternatives to traditional banking systems.DApps are expected to become even more widespread in areas such as decentralized finance, gaming, digital identity management, and data sharing. Blockchain updates, such as Ethereum 2.0, will enhance DApp scalability, speed, and reliability. Solutions like sharding and Proof of Stake (PoS) consensus mechanisms are set to further improve the performance and energy efficiency of these applications.In conclusion, decentralized applications have the potential to play a critical role in the future of the digital world. The security, transparency, and user control offered by this technology are surpassing the solutions provided by traditional applications. DApps empower individuals and communities in unprecedented ways and are poised to see wider adoption and application in the years to come.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=d9bfbca53837" width="1" height="1" alt="">

Decentralized Applications (DApps): The Future of the Digital Ecosystem

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*TAwXZcZoXh4SAvJoqNYewg.png" /></figure>In this blog, we will look in-depth at DeFi, a decentralised financial system powered by blockchain technology. We will examine the fundamental features of DeFi networks, network fees, the coins used, key differences from centralised finance (CeFi), and the advantages and disadvantages from a technical perspective.How DeFi Works?DeFi (Decentralized Finance) is a financial system powered by blockchain technology that offers an alternative to the traditional financial system (CeFi). It enables users to transact directly with each other without relying on a central authority. To start with DeFi, you need to create a cryptocurrency wallet and purchase cryptocurrency. Then, you can connect to your chosen DeFi platform and perform various financial transactions.<ol><li>Smart Contracts: DeFi transactions are managed by smart contracts, which are automated programs that trigger specific actions when predefined conditions are met. This allows for reliable and transparent execution of money transfers, lending, borrowing, and other financial activities.</li><li>Blockchain: DeFi networks record transactions on a public ledger (blockchain), making all transactions transparent and traceable.</li><li>Cryptocurrencies: Various cryptocurrencies are used in DeFi networks to conduct transactions and transfer value. The most commonly used cryptocurrencies include Ethereum (ETH), stablecoins, and governance tokens.</li></ol>Coins Used in DeFi NetworksDeFi networks utilize various cryptocurrencies. The most commonly used coins are:<ul><li>Ethereum (ETH): The most popular token in the DeFi ecosystem. Many DeFi protocols operate on the Ethereum blockchain.</li><li>Stablecoins: Cryptocurrencies pegged to a stable asset like the US Dollar. They are widely used in DeFi lending and borrowing protocols.</li><li>Governance Tokens: Some DeFi protocols offer governance tokens that grant users the right to participate in the platform’s governance.</li></ul>Key Features of DeFi NetworksDecentralization:The most significant feature of DeFi is its ability to execute transactions securely and transparently without relying on a central authority. In traditional financial systems, central authorities such as intermediary institutions and banks play a role, whereas in DeFi, this role is undertaken by blockchain technology. This eliminates the risk of a single point of failure and gives users more control over their funds.Transparency:All transactions in DeFi networks are public and traceable on the blockchain. This ensures that all transactions are transparent and auditable, addressing the issue of privacy and accountability that exists in traditional financial systems.Accessibility:Anyone with an internet connection anywhere in the world can access DeFi networks. This provides inclusive financial services to those who have limited access to the traditional financial system. Without the need for a geographic location or a bank account, anyone can use DeFi platforms to perform financial transactions.Security:DeFi networks are protected by cryptographic encryption and robust blockchain technology. This offers a higher level of security compared to traditional financial systems. DeFi networks are more resistant to fraud and cyber-attacks, playing a crucial role in safeguarding users’ funds.Differences Between Centralized and Decentralized Finance<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*ANZlY6yBzh5iE6xzr08cBQ.png" /></figure>Advantages of DeFi:<ul><li>Decentralization: DeFi operates without any central authority. This allows users to have more control over their funds and financial transactions.</li><li>Transparency: All transactions are recorded on a public ledger, ensuring transparency and accountability in the financial system.</li><li>Accessibility: Anyone with an internet connection can access DeFi networks, providing inclusive financial services to those with limited access to the traditional financial system.</li><li>Security: DeFi networks offer a higher level of security through cryptographic encryption and robust blockchain technology.</li><li>Low Fees: Transaction fees in DeFi networks are generally lower compared to traditional financial institutions.</li><li>Rapid Innovation: DeFi’s decentralized nature allows for faster innovation compared to traditional financial systems.</li></ul>Disadvantages of DeFi:<ul><li>Complexity: DeFi networks and smart contracts can be complex and challenging for beginners to understand.</li><li>Security Risks: Like any new technology, DeFi networks have security risks. Errors or flaws in smart contracts can lead to loss of funds.</li><li>Volatility: Cryptocurrencies are highly volatile, making DeFi investments risky.</li><li>Regulations: DeFi is still an emerging field with uncertain legal regulations, creating uncertainty for investors.</li></ul><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=4e3df2c9f61d" width="1" height="1" alt="">

What is DeFi?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*dIRgBsZJXrjCg9mqsCLR_g.png" /><figcaption>Tron Network</figcaption></figure>Established in 2017, the TRON network is a leading platform that offers decentralised applications (dApps) and high-performance blockchain solutions. Founded by Justin Sun, TRON aims to provide greater control and autonomy to content creators and users, and it has experienced significant growth and development in recent years.<h3>Key Features of the TRON Network</h3><ol><li>High Performance: The TRON network can handle over 2000 transactions per second. This means TRON is faster than many other blockchains known for their high transaction speeds and low fees.</li><li>Decentralisation: TRON operates on a decentralized structure. This means that the network is not controlled by any central authority, and users have full control over their assets.</li><li>DApp Support: The TRON network is an excellent platform for developing and running decentralized applications. TRON offers developers a comprehensive toolset to easily create dApps.</li></ol>Recent Updates on the TRON Network:<ul><li>Periander Upgrade: Released on July 11, 2024, this upgrade enhanced the Stake 2.0 mechanism, ensured compatibility with EIP-3855, optimized smart contract interface calls, and revamped the P2P network module.</li><li>Bias Upgrade: Scheduled for the first quarter of 2024, this significant update aims to simplify protocol development, enhance network stability, and optimize performance.</li></ul>Advantages of the TRON Network:<ul><li>Fast and Efficient Transactions: With the ability to handle over 2000 transactions per second, TRON is faster and more scalable than many other popular blockchains.</li><li>Low Transaction Fees: User-friendly transaction fees make TRON an attractive platform for both individuals and organizations.</li><li>Expanding dApp Ecosystem: TRON hosts a variety of dApps, including those for gaming, finance, and more. These dApps enable users to conduct financial transactions, play games, and much more in a decentralized manner.</li></ul>Popular Tokens Used on the TRON Network:<ul><li>TRON (TRX): The native token of the TRON network, used to pay transaction fees and interact with other tokens on the network.</li><li>USDT-TRON: The TRON-based version of Tether, a stablecoin pegged to the US Dollar.</li><li>BTT (BitTorrent Token): Used within the BitTorrent ecosystem for file sharing and content distribution.</li></ul><h3>TRC-20 Token Standard</h3>Like other smart contract platforms such as Ethereum and Binance Smart Chain, TRON supports multiple token standards, including TRC-10, TRC-20, and TRC-721 (non-fungible tokens).TRC-20 is a token standard on the TRON network. This standard is necessary for creating and managing tokens on the TRON blockchain. TRC-20 is similar to Ethereum’s ERC-20 standard but leverages the advantages of the TRON network. TRC-20 tokens enable secure and transparent transactions through smart contracts.<h3>Differences Between TRC-20 and ERC-20</h3><ol><li>Blockchain and Infrastructure: TRC-20 tokens operate on the TRON network, while ERC-20 tokens run on the Ethereum network. TRON offers faster transaction times and lower fees compared to Ethereum.</li><li>Transaction Speed: The TRON network can process over 2000 transactions per second, whereas the Ethereum network has a lower transaction speed. This allows TRON to offer faster transaction times.</li><li>Transaction Fees: The TRON network is known for its low transaction fees, reducing costs for users and developers. In contrast, Ethereum network fees can sometimes be high.</li></ol><h3>How to Determine if Your USDT is ERC-20 or TRC-20</h3>Your wallet can usually indicate whether your USDT is ERC-20 or TRC-20. If you use a wallet that supports USDT, you will typically see the name and symbol of your USDT. Additionally, you can check the token’s contract address in the wallet to verify the type. If the address starts with “0x,” it is an ERC-20 token. If the address starts with “T,” it is a TRC-20 token.<h3>Conclusion</h3>TRON holds significant potential for the future of decentralized internet. Continuously evolving and updating, the platform is poised to attract more users and dApps, accelerating the adoption of blockchain technology.TRON stands out as a robust and evolving blockchain platform, known for its fast and cheap transactions, expanding dApp ecosystem, and strong community. With its potential to play a crucial role in the adoption of a decentralized internet, TRON is expected to continue growing and offering innovative solutions in the coming years.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b5da934d0bf5" width="1" height="1" alt="">

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Blog

Listing Event 2025

Market Order and Limit Order: Differences and FAQs

Decentralized Applications (DApps): The Future of the Digital Ecosystem

What is DeFi?

What is the TRON Network?