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Opening a Roth IRA for your child can be a smart financial move. It allows them to start saving for retirement early and benefit from tax-free growth. However, it's essential to understand the rules and requirements before setting up an account. This guide provides everything you need to know, including a step-by-step tutorial, to ensure you open a Roth IRA for your child correctly.

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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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