Risk Control: The Lifeline of Digital Currency Trading Platforms
Risk, as a borrowed term, originates from the Italian word "RISQUE", originally referring to objective dangers in nature. However, in modern society, risk is more like a choice rather than fate, depending on the degree of our free choices.
Financial historian Peter Burns pointed out in his classic work on risk management that events such as the rise and fall of enterprises, fluctuations in the stock market, wars, and economic depressions seem to occur repeatedly, yet always happen when people are caught off guard.
As a liquidity provider in the Digital Currency Trading market, one of the core elements of an exchange is risk control. These platforms integrate multiple functions such as asset custody, trade matching, clearing, and information dissemination, while also incorporating characteristics of institutions like brokers and funds, making them a super financial center.
It is widely believed in the industry that there is a lack of risk control in the blockchain sector, which has also led to industry tragedies such as the "explosion" of FCoin and exchanges being hacked. How to do