Quote from: YOSHIE on April 21, 2022, 04:49:51 PM

Forex and Crypto trading are the same instrument, they only prioritize investments to generate profits based on trading activities, in general, maybe everyone knows Forex is based on trading in foreign currencies and while crypto trading is based on certain types of crypto that are on the exchange.

There are two things you can do in trading, if you want to do it.
1. Foreign exchange trading, you can do it through the Forex market channel.
2. Trading in cryptocurrencies you can use crypto exchanges, such as Binance and your local exchange.

If you want to trade in forex and crypto, of course they are very significant assets and have a difference.
forex you must have large capital to trade and to determine profits, while crypto does not require a lot of capital like forex, of course forex profits are bigger than crypto.

The biggest difference is that in forex you have leverages, you could basically do the small version but the spot trading on foreign exchanges are usually not that big, you do not see 10%+ returns, your cannot do long term approach, like buy another currency and hold it for 10 years so it gets more valuable.

In crypto trading, we do have that, you could buy crypto and make that kind of profit in 10 years if you wait, which you can't in forex. Obviously we have leverage trading in crypto as well, which means that if we do that, then it's getting closer to forex trading as well, a 100x position in forex and crypto could feel very much the same, but that doesn't make them the same thing overall.