Thread: The difference between cryptocurrency and forex

Can someone explain the difference ? Both are profitable, but what's the difference ? Who is already in the topic explain please)

Strange questions for someone who wants to make a living at it.

Handbooks to help you

Hi. This is a rather strange question for someone who knows something about economics. Apparently, you're just starting out. The difference between Forex and cryptocurrency is the object of trade. Forex trades currencies - USD, EUR, RUR. Cryptocurrency is bitcoin, litecoin, ethereum. As a rule, the biggest users of Forex are banks, and cryptocurrency exchange - people. Also, you can trade cryptocurrency almost tax free, while Forex you have to pay. For Forex, there are 2 trading terminals MT4 and MT5, and cryptocurrency has a huge number of them. Here are examples of the most popular ones - https://smartoptions.io/top-7-crypto-trading-bots/. Good luck to you!