Is Forex trades is a part of Crypto Trade?

[Leebabe]

Normally they both share certain similarities but I'd mention one. They both have to do with trading currencies. Forex trading deals on trading one fiat currency for another hoping that it rises in value, same way crypto trading deals on buying and selling of digital currencies but this time in crypto currencies only which could later be converted to get profit.So one could say that they're similar but different 

[smartaction]

I see Forex where the pair of currencies mostly consist of two countries like "EURUSD" which are mostly traded in the world. While Crypto is based on blockchain. Please elaborate on the major differences between Crypto and forex.

Forex is similar like Crypto trading. But crypto is Digital currency and forex is Fiat currency. Digital tokens / coins / NFT are traded in cryptocurrency.  On the other hand, in Forex trading, the native currencies of different countries are traded.  But the trading structure is the same.

[palle11]

Normally they both share certain similarities but I'd mention one. They both have to do with trading currencies. Forex trading deals on trading one fiat currency for another hoping that it rises in value, same way crypto trading deals on buying and selling of digital currencies but this time in crypto currencies only which could later be converted to get profit.So one could say that they're similar but different 

In many ways than one they are similar. In purpose, strategy like FA and TA, indicators etc they are same but the difference are that the government is involved in forex trading because it is the fiat currency of different countries but cryptocurrency is not regulated and not monitored. The platform for cryptocurrency is usually exchanges and they can manipulate your coins. In terms of forex, they are registered brokers that are known in different countries based on the one you choose mostly they operate with the banks directly as they pay your profit direct to your bank account but cryptocurrency, you have to receive your profit in cryptocurrency.

[Wakate]

I see Forex where the pair of currencies mostly consist of two countries like "EURUSD" which are mostly traded in the world. While Crypto is based on blockchain. Please elaborate on the major differences between Crypto and forex.

Forex trading is similar to crypto trading with no much difference. Crypto trading has it own coin pairs just like the forex trading that has currency pairs where a trader can select which currency pair they want to trade against or in support. Forex trading has been there for long and which the trading of cryptocurrencies was originated from it. A trader with a vast know in forex trading will find it easy to trade the crypto market without much difference to learn.

[dunfida]

Normally they both share certain similarities but I'd mention one. They both have to do with trading currencies. Forex trading deals on trading one fiat currency for another hoping that it rises in value, same way crypto trading deals on buying and selling of digital currencies but this time in crypto currencies only which could later be converted to get profit.So one could say that they're similar but different 

In many ways than one they are similar. In purpose, strategy like FA and TA, indicators etc they are same but the difference are that the government is involved in forex trading because it is the fiat currency of different countries but cryptocurrency is not regulated and not monitored. The platform for cryptocurrency is usually exchanges and they can manipulate your coins. In terms of forex, they are registered brokers that are known in different countries based on the one you choose mostly they operate with the banks directly as they pay your profit direct to your bank account but cryptocurrency, you have to receive your profit in cryptocurrency.

Forex/Stocks are simply that heavily regulated since this do talks about fiat which means that it would really be heavily attached with those regulated brokers and its understandable
that they would really be abiding any laws and regulations. Forex and stocks did exist before crypto come out thats why there are forex traders who do immediately jump out
in crypto because they do see that profiting in crypto market is great specially if you do know to handle out volatility and the knowledge you do have in previous trading market.
its really an advantage but doesnt mean that you cant learn from scratch.

[fullhdpixel]

I see Forex where the pair of currencies mostly consist of two countries like "EURUSD" which are mostly traded in the world. While Crypto is based on blockchain. Please elaborate on the major differences between Crypto and forex.

No both of them are different. Forex cant be a part of a crypto trade unless if they are catered in one platform but I think I already saw a platform like that where they combined these two but I only forgot its name though I still prefer crypto trade over the other because for me it is much easier to understand and the potential to earn big is high as cryptos are more volatile and more in demand than the fiat currencies.

If euro and usd is traded in the world, what do you think about crypto? They can also do that since cryptos are like a global currency but yes the only difference is that they are based in blockchain. That is already one of their major differences.

[Ziskinberg]

Well, I guess it was cleared enough OP to see the difference.
Now, it was on you to decide which trading platform you pursue. But I suggest trying them both to justify and to see what really suits you. Please just remember the risk that you may face and the consequences of losses as you can't avoid this no matter what you do and even how much careful you are.

I can't tell which one is better but to stay where we believe to be efficient and our strategies will work is very important.

[Kimonoe]

Well, I guess it was cleared enough OP to see the difference.
Now, it was on you to decide which trading platform you pursue. But I suggest trying them both to justify and to see what really suits you. Please just remember the risk that you may face and the consequences of losses as you can't avoid this no matter what you do and even how much careful you are.

I can't tell which one is better but to stay where we believe to be efficient and our strategies will work is very important.

to see which one is better, of course back to ourselves, from the nature of the two between forex and crypto are different, therefore we must be able to understand ourselves to choose it, or even choose both. crypto with greater volatility and forex vice versa, and forex has a certain hourly schedule for news. many people only choose one forex or crypto, but back again about our convenience to profit from forex or crypto that we choose

[wxa7115]

I see Forex where the pair of currencies mostly consist of two countries like "EURUSD" which are mostly traded in the world. While Crypto is based on blockchain. Please elaborate on the major differences between Crypto and forex.

Forex trading is similar to crypto trading with no much difference. Crypto trading has it own coin pairs just like the forex trading that has currency pairs where a trader can select which currency pair they want to trade against or in support. Forex trading has been there for long and which the trading of cryptocurrencies was originated from it. A trader with a vast know in forex trading will find it easy to trade the crypto market without much difference to learn.

The techniques that work in the forex market that are purely technical in their nature will without a doubt work in the market of cryptocurrencies, however there are some differences which need to be understood before trading this market.

The forex market is huge and it has a huge volume, compared to that the volume in the market of cryptocurrencies is very small which makes it highly volatile, so it is important to adjust whatever forex strategy you are using and reduce the risk we take on each trade as a way to reduce our exposure to the volatility, this is an important step and of it is not taken then massive losses can be accumulated when we see a similar movement to the one we saw a few days ago.

[Ziskinberg]

Well, I guess it was cleared enough OP to see the difference.
Now, it was on you to decide which trading platform you pursue. But I suggest trying them both to justify and to see what really suits you. Please just remember the risk that you may face and the consequences of losses as you can't avoid this no matter what you do and even how much careful you are.

I can't tell which one is better but to stay where we believe to be efficient and our strategies will work is very important.

to see which one is better, of course back to ourselves, from the nature of the two between forex and crypto are different, therefore we must be able to understand ourselves to choose it, or even choose both. crypto with greater volatility and forex vice versa, and forex has a certain hourly schedule for news. many people only choose one forex or crypto, but back again about our convenience to profit from forex or crypto that we choose

That is why it is very important to know what we are dealing with as trading is risky but this really doesn't matter a lot if we know how to handle it and ourselves especially since we love doing this. Choosing whether Forex or crypto trading, is gonna be our decision and I suggest picking one which we think we can make more benefits and of course, have the convenience. Honestly, we can do well if we are very certain of what we are doing.

[moklefasdice]

Many people talk about the independence of cryptocurrencies, yet when the exchange recently collapsed, bitcoin fell with it. It turns out that cryptocurrency is as dependent on the market as anything else in this world. So if I have to choose between the cryptocurrency exchange and a stock, I'd rather choose Forex. Another thing is who exactly to trade through, where exactly to find a proven broker. With these questions I advise to go to topbrokers, where you can read about all brokerage companies, as well as to find the best forex broker, so that in the future he can help you to make money.

[justdimin]

to see which one is better, of course back to ourselves, from the nature of the two between forex and crypto are different, therefore we must be able to understand ourselves to choose it, or even choose both. crypto with greater volatility and forex vice versa, and forex has a certain hourly schedule for news. many people only choose one forex or crypto, but back again about our convenience to profit from forex or crypto that we choose

That is why it is very important to know what we are dealing with as trading is risky but this really doesn't matter a lot if we know how to handle it and ourselves especially since we love doing this. Choosing whether Forex or crypto trading, is gonna be our decision and I suggest picking one which we think we can make more benefits and of course, have the convenience. Honestly, we can do well if we are very certain of what we are doing.

I still think that there is not a good amount of money to be made in forex since it's so risky, whereas there is money to be made in the regular crypto world. Forex is purely leverage, crypto does include leverage if you want to but don't if you do not want to and that's better.

I know that there is absolutely no way that people would be happy about making just a little bit, and that is why they enjoy forex when they win a lot, since you could make a million from forex if you leverage high enough and you get lucky with the direction and all. But, you could lose all of your money there with one simple mistake as well and I would advise against that. The best thing to do here is to make sure you do crypto spot trading where it would never be zero unless you buy something terrible.

[dansus021]

Mk 4 already said that earlier it is pretty simply  EURUSD like XAUUSD or BTCUSD nothing difference between forex and crypto trade the only difference crypto market doesn't have market "Close" like other, it always run 24/7 a day.

and the broker but nowadays forex broker have crypto trading pair too

[LUCKMCFLY]

to see which one is better, of course back to ourselves, from the nature of the two between forex and crypto are different, therefore we must be able to understand ourselves to choose it, or even choose both. crypto with greater volatility and forex vice versa, and forex has a certain hourly schedule for news. many people only choose one forex or crypto, but back again about our convenience to profit from forex or crypto that we choose

That is why it is very important to know what we are dealing with as trading is risky but this really doesn't matter a lot if we know how to handle it and ourselves especially since we love doing this. Choosing whether Forex or crypto trading, is gonna be our decision and I suggest picking one which we think we can make more benefits and of course, have the convenience. Honestly, we can do well if we are very certain of what we are doing.

I still think that there is not a good amount of money to be made in forex since it's so risky, whereas there is money to be made in the regular crypto world. Forex is purely leverage, crypto does include leverage if you want to but don't if you do not want to and that's better.

I know that there is absolutely no way that people would be happy about making just a little bit, and that is why they enjoy forex when they win a lot, since you could make a million from forex if you leverage high enough and you get lucky with the direction and all. But, you could lose all of your money there with one simple mistake as well and I would advise against that. The best thing to do here is to make sure you do crypto spot trading where it would never be zero unless you buy something terrible.

The advantage that I see in the forex market is that there will always be a consolidated volume that will make market analysis much easier, while in bitcoin it is not like that, those who have the consolidated volume are few people and they are always investing in it, but when you have a consolidated volume, at least for me it is the best in the world, because the volume is the one that shows and tells us the story of what has happened, and since we have so many tools such as tadingview, tensorcharts m, among others where there are very good indicators, with a consolidated volume the analyzes would be much more precise.

[GreatArkansas]

I still think that these two industries are too different from each other to call one part of the other. At least I think so.

A lot of differences. Forex and cryptocurrencies involve trading currencies, but there are important distinctions between the two markets, including decentralization, market size, volatility, and many more.
Since a lot of already mentioned the difference, I can say the similar or common thing we can use when we trade both forex and cryptocurrencies is the technical analysis or the one we are using when we analyze the chart, I think it can be apply on both.

[Mr. Magkaisa]

I see Forex where the pair of currencies mostly consist of two countries like "EURUSD" which are mostly traded in the world. While Crypto is based on blockchain. Please elaborate on the major differences between Crypto and forex.

    -    Nope, Forex is not a part of the crypto trade mate. They are very different actually and it has nothing to do with crypto either.

Because Forex is obviously only fiat traded while crypto can be traded through Fiat, or cryptocurrency to cryptocurrency, this is something I literally know. And there is no need to argue about this matter.

[el kaka22]

As we can clearly see from here, they are. But all kinds of investors are here, it's not just them neither. We have stock traders here, we have long term investors here, we have gold investors here, we have real estate investors here. In fact, we also have people who have never invested before here as well. That is something unique and great to have because it means that we have people who have never invested in anything before and they started their first investment here, for the first time ever they saw something that is worthy of their investment.

These are all important stuff, and even something as boring as "put my money in bank interest" could turn suddenly into bitcoin investment for so many people at the same time.

[pixie85]

I used to always see these groups as one big trade. Stocks are stocks, currencies are currencies, commodities are commodities and crypto is crypto, although that last one seems to be decoupling in the last cycle.

If you haven't noticed, bitcoin is decoupling from other cryptocurrencies and from stocks. It could be seen even in the last few days where ETH kept pumping when BTC stayed still. If more time passes and cryptocurrencies are still with us we'll see each of the big ones develop in their own separate assets because you can't really put a centralized and a decentralized cryptocurrency into the same basket. They are different, like oil and coal.

[Franctoshi]

You can't talk about crypto without the idea of Forex. However,Forex is bit different from trading crypto, in the sense that you can long or short those assets without owing the asset you buy or sell, which makes crypto trading unique, more fun and different from Forex trading, Forex is the traditional money market that started the journey of buying and selling of currencies. One with Forex experience will find crypto no worries, however Forex is basically trading of currency pairs, Gold bonds, stocks without owing those assets. currently, the Forex market has more liquidity than the crypto market.
You can apply Forex tenichics into crypto trading.

[Adbitco]

Although i know many people have contributed but just wanna make it little clearer for you.

Please elaborate on the major differences between Crypto and forex.

Cryptocurrency is a general name for digital currency which includes any other alternate coin out there, in forex you can fund your account using bitcoin or Eth to trade and after which you may also withdraw them using same methods.
In forex, you fund your account using fiat and also withdraw using fiat or fund using crypto and withdraw using fiat vice versa both are possible.
While in crypto trading, you deposit directly from your bank to your exchange account such as Binance, Coinbase or Kucoin depending on your country. After funding your account you may decides to trade with any cryptocoin in that exchange.