How is Forex market like?
Forex stands for Foreign Exchange, it is a market that deals sorely on government issued currencies around the world and is open 24/5 Over-the-couunter trading.
Forex market happens to be the most largest trading market in the world. It is characterized by financial bodies, banks, businesess and investors which engage in the exchange of diverse currencies as a way of making profit.
How is Cryptocurrency market like?
The cryptocurrency market is barely 11 years old and yet it is booming and incredible. Cryptocurrency market solely involves digital assets. It is open 24/7. Occasionally, Over-the-counter trading happens but most of the trading volume is done through exchanges.
The major differences?
The major differences between Forex market and Cryptocurrency market is the nature of OTC trading versus exchanges and also the way these two markets react in a different way when faced by global economic pressures.
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