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Advantages Of Cryptocurrency Trading Over Forex Trading by jacofats(m): 8:30am On Aug 05, 2018
When trading Forex, you do not really own the underlying assets you are trading. e.g. when you buy USD/JPY, you‟re not actually buyng USD and sellng JPY in real terms, rather the trader is simply speculating on the exchange rate, whereas when trading cryptocurrencies on exchanges, you actually own the tokens you are holding at a particular time. These tokens can be sold on the exchange or transferred out of the exchange for other use.

 Forex is traded 24hours a day, Monday to Friday, whereas currently you can trade cryptocurrencies 24hours a day, 7 days a week non-stop on the exchanges.

 You need leverage to make a reasonable return trading forex but you can make same level of returns on crypto trading without leverage; this is mainly because the volatility that occurs for cryptocurrencies is so much more than on currencies.

 Since you don‟t really need to trade cryptos using a margin account, you do not need to worry about margin calls and stop outs like the retail trader experinces in trading FX. You eventually still have the unit of coins bought and funds can be wiped out only when value of coin bought goes to zero.

 For cryptocurrency trading, you can view the order book:
The demand (list of pending buy orders: price people are willing to buy and quantity vs the supply (pending orders of people willing to sell; price they've placed to sell and quantity) These help you make better trading analysis and decision

Take advantage of the emerging world of cryptocurrencies, trade altcoins profitably.

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Re: Advantages Of Cryptocurrency Trading Over Forex Trading by Michaelnsd: 1:47pm On Oct 10, 2020
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Re: Advantages Of Cryptocurrency Trading Over Forex Trading by iFindhub(m): 11:27am On Apr 18, 2022
This is going to be a great read if you want to know the several benefits of cryptocurrency.

https://cryptohodl.tech/benefits-of-cryptocurrency/

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