What are the risks associated with trading on unregulated cryptocurrency derivative exchanges?
Could you elaborate on the potential risks involved in trading on unregulated cryptocurrency derivative exchanges? Are there specific regulatory gaps that traders should be aware of? How might these unregulated platforms expose investors to higher levels of fraud or manipulation? What measures can traders take to mitigate these risks and protect their investments? Is there a lack of transparency in these markets that could impact investors' decision-making processes? How does the absence of oversight affect liquidity, volatility, and price discovery mechanisms in these markets?