Working with crypto exchanges has been the biggest headache of my trading career. I still can’t understand why every platform insists on creating its own bespoke trading terminal. I wasted so much time learning these "amazing" interfaces. At least they finally standardized on TradingView charts—small mercy.
I only use exchanges for spot purchases. But for speculation? Forex brokers win. Here’s why:
- Same terminal everywhere: All brokers use MetaTrader.
- Leverage: Available on brokers, banned on exchanges.
- Automation: Ready-made trading robots and I can build my own in MQL.
Crypto exchanges? They’re like a broken elevator—complicated, frustrating, and you’re better off taking the stairs.
If you are more comfortable with forex than crypto trading then just go with what you want if you are not profitable in crypto trading. But you should know that forex is different from crypto trading because that is my knowledge.
That is true not all community traders in the field of crypto space are truly making money in this industry, and if there are any that are not profitable it is because there is something wrong with their tactics it is as simple as that.