The Differences Between Forex and Crypto Trading

Many would argue that comparing cryptocurrency trading with forex is like comparing apples and oranges, but that’s not entirely accurate. On closer inspection, there is a number of similarities between the two. For example, the underlying market dynamics of supply and demand will usually govern the prices of the respective assets. Here traders share their thoughts on the mechanics of each. Crypto vs Forex It takes a certain type of savvy trader to navigate unpredictable market conditions and emerge in profit. Let’s start with the pros and cons to be found from trading both crypto and forex. Alex Mashinsky, CEO of Celsius Network, notes that crypto and forex both represent a digital store of value and can be purchased and sold with ease. They both have high volatility which creates an opportunity for quick profits going long or short. “The pro of trading crypto and forex is that these are…

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