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Currency conversion involves exchanging one currency for another, such as converting pounds to dollars or dollars to pounds using the exchange rate. The USD to GBP (US dollar to British pound) exchange rate fluctuates daily based on economic factors. Sometimes, the UK pound may be 'stronger' than the US dollar, meaning it can buy more dollars. This strength can be due to various economic indicators, such as interest rates, trade balances, and political stability. Prop money, which is fake currency, is not used in actual currency conversions.

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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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