Custodial wallets
Custodial wallets related articles on BTCC. A custodial wallet is a wallet service provided by a platform like a cryptocurrency exchange. Custodial wallets have certain advantages, for example, users have less responsibility for private key management, but there are also some risks, so wallets with large amounts of crypto should use offline wallets for security reasons.
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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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