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Is edX a bullish future for the crypto market?

The launch of EDX could signal a bullish future for the crypto market. EDX, a crypto exchange backed by Wall Street financial giants, officially launched, promising to impact the crypto market significantly. This article delves into everything you need to know about EDX, from its unique features to its potential influence on the crypto landscape.

Is edX a good crypto exchange?

Thus, this is a crypto exchange with some key firepower behind the scenes, prompting many investors to at least take a look at what EDX is offering. What makes EDX different from most exchanges is the fact that this digital asset marketplace doesn’t support trading activities, or retail investors, and doesn’t store customer funds.

How many crypto assets does EDX offer?

At launch, the exchange offers just four crypto assets. These are the two largest crypto assets, Bitcoin (BTC) and Ether (ETH). Moreover, EDX offers some of the largest Proof-of-Work crypto: Litecoin (LTC) and Bitcoin Cash (BCH). As EDX evolves, it may add more cryptos to its offering.

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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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