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AFAR: Explore the intricacies of foreign currency transactions and translation in the realm of finance and cryptocurrency. Understand the nuances of FOREX, CFA® Level II FSA, and the current rate method for translating functional to presentation currency. Discover the difference between transaction and translation, currency exposure, and the translation of financial statements.

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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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