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Brent and WTI are two major benchmark crude oil prices globally. Brent crude, extracted from the North Sea, is a global benchmark for oil prices, particularly influencing European and Asian markets. WTI, on the other hand, is a grade of crude oil traded in the U.S., serving as a benchmark for oil produced in the U.S. The main difference between Brent and WTI lies in their production locations, refining processes, and the quality of the crude oil.

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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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