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The South Korean won has weakened significantly against the U.S. dollar, reaching new lows. The exchange rate has surpassed 1,300 won for the first time in recent years and crossed 1,390 on Wednesday. Inflation has driven the dollar higher, while the Korean currency continues to decline. The won closed at 1,334.8 on Monday and hit a 13-year low of 1,362.6. Investors are closely watching the exchange rate and its impact on the Korean economy.

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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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