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"ACAT and ACATS refer to Automated Customer Account Transfer and Automated Customer Account Transfer Service respectively. ACAT is an efficient, secure method for transferring accounts between brokerages, while ACATS is the central processing system that facilitates these transfers. Understanding ACAT and ACATS is crucial for cryptocurrency and finance professionals, as they streamline account transfers and ensure compliance. ACAT transfers also have implications in engineering contexts, where efficient data transfers are essential."

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