What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Although Forex and crypto trading platforms are ethnically similar, there are major differences between the two. We know that the forex market is much bigger than cryptocurrency. There are approximately 6.6 trillion transactions per day. On the other hand, although the size of the crypto market is not large compared to Forex, its adoption is constantly increasing rapidly. Crypto market is a completely new market place compared to Forex. There are currently around 1.3 trillion transactions being completed. But in terms of volatility crypto forex is much more than forex. The basic thing that the best advantage of crypto is that if a crypto user trades without knowing about the forex market, he will definitely lose, but if someone buys a good coin in the crypto market, especially bitcoin, and saves it for a long time, then he can earn more profit. As the risk is less here, the amount of profit is also higher.