Traders, both crypto and forex traders, have the same goal, which is to be able to make a profit from the difference between the buying price and the selling price or the spread. so traders can use a similar trend analysis because both discuss currency price movements or crypto prices to predict future prices.As commodity assets, crypto and forex promise high profits, with margins and leverage, thus inviting traders to enter these two trades, but we must be able to distinguish these two types of trades.
What are the Differences in Forex and Crypto Trading?
- Thread starter Suba
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Currently there are many forex exchanges that trade crypto, so forex traders can also trade crypto on the same platform, some of the differences between crypto and forex lie in volatility, crypto has higher volatility compared to forex, so the chances of profit and loss are also greater bigger on crypto than on forex trading.
