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ADR stands for American Depositary Receipt, a negotiable security that represents ownership in shares of a foreign company. It allows US investors to buy and sell foreign stocks on US exchanges. ADRs can offer benefits like currency hedging and easier access to international markets. However, they also come with risks like higher fees and potential regulatory issues. Understanding ADRs is crucial for investors looking to diversify their portfolios globally.

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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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