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firm definition in business pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures
A business firm, or simply a firm, refers to an organization or entity that engages in commercial activities with the primary goal of generating profits. It can be a sole proprietorship, partnership, or a company. A company, on the other hand, is a legal entity separate from its owners, which can be a corporation, limited liability company, or other types. The main difference between a firm and a company lies in the legal structure and ownership.

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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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