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CFDs (Contracts for Difference) are financial derivatives that allow traders to speculate on the price movement of assets without owning the underlying asset. CFD trading involves taking a position on the price difference between the entry and exit price of a contract. Compared to futures trading, CFDs offer more flexibility and are often traded in the forex market. However, CFD trading also has its pros and cons, including high leverage, potential for large losses, and the need for a good understanding of market dynamics.

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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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