Indeed, there are several benefits to using Bitcoin in Forex trading, with global acceptance being a significant advantage. Bitcoin's widespread recognition and adoption make it an appealing choice for traders seeking to diversify their portfolios and participate in the growing crypto market. The global acceptance of Bitcoin contributes to its liquidity and availability across different trading platforms, providing traders with more opportunities and flexibility in their Forex trading activities.
The reality is before entering in the crypto world I was known with forex trading, And to see forex trading and cryptocurrency trading both have different features and good sides.
Especially if we talk about forex trading, it is much ahead in terms of liquidity, market stability, obtainability, etc., and also cryptocurrency trading creates privacy and security, low transaction fees, separate investment areas, etc., so the bridging of the two is actually Good news for both. By doing this, crypto traders can also avoid forex trading and in this case the liquidity of forex trading will increase as well as the global recognition of cryptocurrency will increase.
Forex brokers, in my opinion, are more vulnerable than Binance or Okex. I tried forex for the first time previously because I attended a conference at the time and they recommended utilizing that broker because they were a representative for it. Following that, many of us made deposits with that broker, but there was a hacking incident. We lost our fund, with some of us losing $100,000. That is why I feel like forex brokers are negative for my security, but I didn't suggest you don't use forex; there are still many legitimate brokers out there.