Wrapped Tokens
Wrapped tokens are cryptocurrencies pegged to the value of another original crypto or assets like gold, stocks, shares, and real estate and put to work on the DeFi platforms. Wrapped Bitcoin denominated as wBTC were the first wrapped Bitcoin tokens used in the Ethereum blockchain through smart contracts.
A Brief Glance at Wrapped Tokens
05/23/2022
Wrapped tokens allow trading, lending and borrowing of […]
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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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