Cryptocurrency Q&A What is COMEX used for?

What is COMEX used for?

CryptoVeteran Wed Sep 25 2024 | 6 answers 1311

Could you please elaborate on the purpose and functionality of COMEX? As a platform within the financial and commodity trading world, I'm curious to understand how it's Leveraged and what specific types of transactions it facilitates. Is it primarily used for hedging, speculation, or both? And how does it impact the broader market for precious metals like gold and silver? What is COMEX used for?

What is COMEX used for?

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