Uploaded on Jul 4, 2024
Crypto tokens significantly influence cryptocurrency trading by introducing new financial instruments and broadening the scope of digital assets. They enable various functions beyond simple transactions, such as governance, utility, and security. Tokens facilitate decentralized finance (DeFi), allowing for innovative financial services like lending, staking, and yield farming. Their diverse applications drive market dynamics, attract diverse participants, and create new opportunities and risks in the crypto ecosystem.
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