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protectionism definition pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures
Protectionism refers to policies aimed at limiting imports and protecting domestic industries. It involves tariffs, quotas, and exchange controls to favor domestic producers. While free trade promotes open markets, protectionism focuses on national interests. Its effectiveness is debated, as it can hurt consumers and global trade relations.

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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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