Cryptocurrency and finance expert here! Currency is the medium of exchange, with exchange rates fluctuating based on supply and demand. Factors like economic growth, inflation, political stability, and trade deficits affect currency values. Understanding these dynamics is crucial for investors to navigate the volatile crypto and finance markets.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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