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Questions tagged [decentralized currency]

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Eleonora Eleonora Sun Oct 13 2024 | 7 answers 1857

What is the point of decentralized currency?

I'm curious about decentralized currency. I want to understand its purpose and what makes it different from traditional, centralized currencies. Why do we need decentralized currency in today's financial system?

What is the point of decentralized currency?

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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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