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The IRS Form W4 allows taxpayers to specify their tax withholding preferences. Filing exempt from withholding means no taxes are deducted from paychecks. To qualify, you must meet certain criteria such as having no tax liability from prior year and no estimated tax liability for current year. While filing exempt may provide short-term financial benefits, it's crucial to reassess after 6 months to avoid underpayment penalties.

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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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