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Questions tagged [eligible counterparty]

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CosmicDream CosmicDream Tue Aug 27 2024 | 5 answers 1222

Who is an eligible counterparty?

Could you please clarify who qualifies as an eligible counterparty in the realm of cryptocurrency and finance? Are there specific criteria or regulations that define this term? Additionally, how does this status affect the trading and investment processes for those who meet the qualifications?

Who is an eligible counterparty?

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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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