What is the difference between Crypto trading and forex trading??

[Hopey]

The difference between crypto currency trading and forex trading is the commodity which is involved in the trading activity which are cryptocurrencies and currency pairs

 

[Saqibraza]

Crypto trading is just like Forex trading, as it involves different currencies to trade with. The Forex Marketplace is quite larger than the crypto.

 

[Ziki]

Forex trading has to do with trading of fiat currency while cryptocurrency trading has to do with trading crypto. Exchanging one coin for another as well.

 

[Ehizzy1]

The major different is that in forex you are actually trading currencies to get more money and get paid ,while crypto currency is trading coins

 

[Bookwormlux]

In Crypto Currencies trading, when you lose money, you are sure of the fact that you would regain it after waiting for some time. In forex trading, money lost is gone forever.

 

[Sotherefore]

Both of them are volatile in nature, in forex trading you only deal with currencies of different countries but in trading of cryptocurrencies you only deal with digital currency like bitcoin and other cryptocurrencies and sometimes a lot of people always considered cryptocurrencies trading to be much more profitable and easier.

 

[MercySmith]

Forex trading is mostly about exchanging a fiat currency for another and making profit from the difference in prices. It also involves exchanging cryptocurrency for fiat currency.

 

[Ayokex]

The major difference between forex trading and cryptocurrency trading is the nature and and attribute of the currency. Forex trading involves an online transactions among the fiat currencies while cypto trading is the transaction among the virtual currencies.

 

[Felixko]

Crypto trading, just like forex, involves trading currencies. However, the forex market is larger and well-established while the crypto market is relatively a new player to the scene.

 

[joy101]

I don't know more about crypto forex trading and how it work, but I will really want to learn about it so to know how I can trade in them, and also know their different.

 

[Richard92]

Cryptocurrency trading and forex trading has a very big difference, cryptocurrency trading deals with electronic coins the buying and selling of electronic coins while forex trading is the buying and selling of foreign currencies.

 

[Nomad]

I am not into cryptto trading or forex trading. However, I am investing on crypto, I am a long term investors and I will be holding my investment for 3-4 years.

 

[Ayokex]

To me, forex trading is just like gambling because it is very risky,. Crypto currencies trading is just like a normal investment, the amount of money invested will determine your profit

Crypto trading is the transaction that involves cryptocurrency such as Bitcoin or other altcoins while forex trading is every transaction that occur between different fiat currencies. Forex trading occurs among different currencies of world while crypto trading occur among different cryptocurrencies.

 

[Nomad]

Crypto trading and forex trading both are very risky because the market is volatile and you need to be able to make quick decision. Crypto market is going down currently.

 

[Senator]

Forex trading involve the trading in fiat currencies while cryptocurrency trading involves the trading in cryptocurrencies. Forex can only be traded on weekdays except Saturday and Sunday but not so with cryptocurrency that is traded throughout the week.

 

[Richard92]

One of the big difference between crypto trading and forex trading is Forest trading has to do with buying and selling or foreign currency why crypto trading has to do with the buying and selling of electronic coin which is cryptocurrency.

 

[Kunkun]

There is huge difference I must say because forex requires lot more from an investor compared to investing in crypto which isn't as hard a forex trading, with crypto coins are involved unlike in forex trading where we don't make use of coins

 

[Kingsley]

Trading in crypt currency is very different from trading in forex because crypto are basically digital currency and are not real life currency, while forex are dealing with physical currency, that been measured in real life price and controlled by real life situations.

 

[Chibson]

It is quite simple to differentiate between forex trading and cryptocurrency trading. Forex trading majorly deals with staking one currency against the other.

 

[Richard92]

It is quite simple to differentiate between forex trading and cryptocurrency trading. Forex trading majorly deals with staking one currency against the other.

one basic difference between crypto trading and forex trading is crypto trade in deals with the buying and selling of electronic on why is forex trading involves the buying and selling of foreign currency.