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Questions tagged [investing in crypto]

Best way to learning about blockchain & crypto knowledge for free here 6 questions

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KatanaSharpness KatanaSharpness Fri Mar 29 2024 | 7 answers 1699

Is investing in crypto legal in Australia?

Excuse me, I'm somewhat new to the world of cryptocurrencies and am considering investing. I live in Australia, and I was wondering if investing in crypto is legal in my country? I've heard conflicting reports and am a bit confused. Could you possibly clarify this matter for me? It would be much appreciated. Thank you for your time.

Is investing in crypto legal in Australia?

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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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