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Once the item reaches your specified price, the order book will automatically execute the deal for you. This strategy is beneficial for individuals who don’t trade frequently or don’t have the time to monitor market activity. While CLOBs are usually associated with centralized exchanges, decentralized exchanges (DEXs) utilize them as well. The DEX will be centralized in the sense that it could potentially control who and what is placed into the order book but decentralized in the sense that sma
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