What is use ref for?

In the realm of cryptocurrency and finance, the utilization of advanced tools and methodologies is paramount. One such tool that has gained significant traction in recent times is the React Hook known as `useRef`.

`useRef` is a unique React feature that allows developers to maintain a mutable ref object whose `.current` property is initialized to the passed argument (`initialValue`). This functionality goes beyond mere state management, as the ref object persists throughout the component's lifecycle, including during re-renders.

Notably, the primary purpose of `useRef` is not for rendering purposes, but rather to access DOM nodes or to hold any mutable value that you don't want to cause a re-render. This distinction sets it apart from useState, which is explicitly designed for managing state that triggers re-renders.

BTCC, a prominent player in the cryptocurrency exchange landscape, offers a comprehensive suite of services tailored to meet the diverse needs of its clients. Among these services, BTCC's spot trading platform stands out as a reliable and efficient means for users to buy and sell digital assets directly.

Additionally, BTCC provides access to futures trading, enabling traders to speculate on the future price movements of cryptocurrencies. This feature offers advanced trading strategies and potential for higher returns, albeit with inherent risks.