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This content covers the basics of opening a bank account, including checking and savings accounts. It provides guidance on the initial steps involved in setting up a bank account, emphasizing the importance of understanding the differences between checking and savings accounts. Additionally, it outlines the documents typically required for opening a bank or savings account, such as proof of identity and address.

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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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