Is Forex trades is a part of Crypto Trade?

[zaesvlas]

More likely no than yes. These are still relatively different industries that have their own characteristics that need to be understood and evaluated.

[Kelvinid]

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.

You got confused because they are all the same in nature which is trading and both use USD as trading pair. But apparently, they are totally different and what makes the two differ is the currency being used as crypto trading uses crypto-crypto-stable coins while forex just only used fiat-fiat currency as trading pairs.

This is just an obvious difference that they have, some can be searched on google, and here is on example...
https://www.bing.com/search?q=difference+between+forex+and+crypto+trading&cvid

[passwordnow]

OP you have already the idea of forex and they're fiat currencies to trade. They're also volatile if you're in that market but they're not as volatile as cryptocurrencies.
You have the answer that the forex market is entirely different from the crypto market. But you can apply the strategies that you know in forex in crypto trading.

[YOSHIE]

Forex and Crypto trading are the same instrument, they only prioritize investments to generate profits based on trading activities, in general, maybe everyone knows Forex is based on trading in foreign currencies and while crypto trading is based on certain types of crypto that are on the exchange.

There are two things you can do in trading, if you want to do it.
1. Foreign exchange trading, you can do it through the Forex market channel.
2. Trading in cryptocurrencies you can use crypto exchanges, such as Binance and your local exchange.

If you want to trade in forex and crypto, of course they are very significant assets and have a difference.
forex you must have large capital to trade and to determine profits, while crypto does not require a lot of capital like forex, of course forex profits are bigger than crypto.

Now you can make the choice to trade forex or crypto, it all comes back to yourself to start with.

[Serco]

There are two things you can do in trading, if you want to do it.
1. Foreign exchange trading, you can do it through the Forex market channel.
2. Trading in cryptocurrencies you can use crypto exchanges, such as Binance and your local exchange.

today in many forex brokers they also provide cryptocurrency in their trading list, but in this forex brokers we didnt trade real coins but only its value. they have no supply that store in exchanges wallet just like in cryptocurrency exchanges.

If you want to trade in forex and crypto, of course they are very significant assets and have a difference.
forex you must have large capital to trade and to determine profits, while crypto does not require a lot of capital like forex, of course forex profits are bigger than crypto.

both of them have leverage feature , in forex usually brokers provide levarage that start from 1:100 till 1: 1000, meanwhile in cryptocurrency exchange usually in future trades around 25x or maximum 125x in some exchanges. so if we have good trading skill, balance amount should not be problem, maximize this leverage feature and we will trade like  a whales.

[Crypto Library]

We all know that for doing forex trading we can only use fiat currency . Forex trading is only related to Fiat currency. On the other hand crypto trading support both fiat and crypto currency . This is the major difference of them .Moreover there are many more small and big difference.

[zaesvlas]

However, I wouldn't compare the two options. There is a certain difference between them, and each type of such trading requires a certain level of skill.

[|MINER|]

No forex trading is not the part of Crypto trading .You can called It by the part of trading. Forex trading and Crypto trading isn't the same thing but there is some similarities when you read the market and candles .The Fiat currency are used for Forex trading and Crypto and fiat both can be used for crypto trading .

[skarais]

Pretty simple.

forex: fiat currency <-> fiat currency
crypto: fiat currency <-> crypto, or crypto <-> crypto

In general I think the answer from mk4 already represents all the answers needed by the OP but a little more detailed explanation may still be needed to tell him the two brokers are actually different.

A very striking difference is that Forex only trades the value of a currency without storing it in a vault, while a crypto exchange stores all the assets traded, some of which are owned by the trader. But in the end these two trading brokers aim to give traders the opportunity to profit through price fluctuations.

[justdimin]

Forex and Crypto trading are the same instrument, they only prioritize investments to generate profits based on trading activities, in general, maybe everyone knows Forex is based on trading in foreign currencies and while crypto trading is based on certain types of crypto that are on the exchange.

There are two things you can do in trading, if you want to do it.
1. Foreign exchange trading, you can do it through the Forex market channel.
2. Trading in cryptocurrencies you can use crypto exchanges, such as Binance and your local exchange.

If you want to trade in forex and crypto, of course they are very significant assets and have a difference.
forex you must have large capital to trade and to determine profits, while crypto does not require a lot of capital like forex, of course forex profits are bigger than crypto.

The biggest difference is that in forex you have leverages, you could basically do the small version but the spot trading on foreign exchanges are usually not that big, you do not see 10%+ returns, your cannot do long term approach, like buy another currency and hold it for 10 years so it gets more valuable.

In crypto trading, we do have that, you could buy crypto and make that kind of profit in 10 years if you wait, which you can't in forex. Obviously we have leverage trading in crypto as well, which means that if we do that, then it's getting closer to forex trading as well, a 100x position in forex and crypto could feel very much the same, but that doesn't make them the same thing overall.

[Anguwa]

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.

From the word Forex it means what you are buying or trading is a stuck from foreign exchange, so the goods been purchased are stuck which can any valuable goods like Gold and other foreign shucks. While cryptocurrency trading involves trading or buying crypto tokens in the case of holding or trading them, both crypto trading and Forex trading are very good, so having good asset and intensive knowledge about both trading will actually yield a good profit.

[Kadal Ijo]

The trading system in Forex and Crypto is almost the same, the most obvious difference is the number of choices or pairs in Crypto is certainly very much compared to Forex, the other thing is a very large profit and loss opportunity compared to forex which looks very stable so it is difficult to get profit

[iged_war]

The trading system in Forex and Crypto is almost the same, the most obvious difference is the number of choices or pairs in Crypto is certainly very much compared to Forex, the other thing is a very large profit and loss opportunity compared to forex which looks very stable so it is difficult to get profit

trading pair on forex limited on fiat for each countries around the world, meanwhile in crypto market we have thousands trading pair and every day its still added. crypto or forex have same opportunity to earn money, but in my opinion forex market still could intervet by central banks so when it drop could limited.but in crypto no one could make intervension here and price will continuesly drop till seller stop it by their self.

[so98nn]

Pretty simple.

forex: fiat currency <-> fiat currency
crypto: fiat currency <-> crypto, or crypto <-> crypto

Haha, yeah pretty simple these  days. However, all of them are show casing the trades from crypto to fiat, fiat to crypto and fiat to fiat. Nonetheless these options are open on every platform since it’s new trend now.

The changes popped in after SEC approved all the exchanges for the crypto trading and whole companies started implementing the crypto on their website so it’s not a big deal.

[Wiwo]

Forex for faint money trading and crypto for cryptocurrency trading but their both dwell in the same stock market and are inter exchanged, their pier to each other on the exchange and have interdependent in operations. So forex trading is simply the process of selling central currencies of countries on the stock exchange market.

[Lanatsa]

Pretty simple.

forex: fiat currency <-> fiat currency
crypto: fiat currency <-> crypto, or crypto <-> crypto

Haha, yeah pretty simple these  days. However, all of them are show casing the trades from crypto to fiat, fiat to crypto and fiat to fiat. Nonetheless these options are open on every platform since it’s new trend now.

The changes popped in after SEC approved all the exchanges for the crypto trading and whole companies started implementing the crypto on their website so it’s not a big deal.

There are people who do firstly hear out about Forex on which this is the first time they do hear about crypto and once forex/stocks had been mentioned or said then that would surely be creating some curiosity

and this is where those newbies do ask out on what it is all about but in all we do know that forex/stocks had long time existing and when crypto exist then this is where some people do engage on or to those
old traders did make out some switch because making profits in crypto market is much more better rather than those two but we know the risk is also higher.

[GeorgeJohn]

The trading system in Forex and Crypto is almost the same, the most obvious difference is the number of choices or pairs in Crypto is certainly very much compared to Forex, the other thing is a very large profit and loss opportunity compared to forex which looks very stable so it is difficult to get profit

actually i will like to concur on your contribution. Because when perusing into this two factors of trading, it's not noticable of the comparison. On your own you may think that forex trading is equivalent or is same thing to cryptocurrency trading. When you are emphasising or hitting at the risk level of losing. It's directly obvious that cryptocurrency trading get same amount of lost forex traders do get during lost of trade.

[AakZaki]

Similar but different, same trading but crypto I think is better. The technicalities are the same, as far as I know forex is like futures. I didn't delve deeper into forex, but I know there are several crypto pairs. Maybe not long but I read that a while ago. What I don't like with forex is the brokerage system. It seems like brokers in forex can manipulate the market differently than crypto. In a system like this we cannot take absolute control of our assets.

[CaVO32]

The trading system in Forex and Crypto is almost the same, the most obvious difference is the number of choices or pairs in Crypto is certainly very much compared to Forex, the other thing is a very large profit and loss opportunity compared to forex which looks very stable so it is difficult to get profit

actually i will like to concur on your contribution. Because when perusing into this two factors of trading, it's not noticable of the comparison. On your own you may think that forex trading is equivalent or is same thing to cryptocurrency trading. When you are emphasising or hitting at the risk level of losing. It's directly obvious that cryptocurrency trading get same amount of lost forex traders do get during lost of trade.

I believe, it depends on the user how much knowledge he has when it comes to forex or crypto trading. Both have the risks of losing your funds, but it is your acquired knowledge and skills that will aid you in battling those risks. But the simple difference of these 2 was posted by mk4, so the OP has basic understanding about these 2 kinds of trading. And just to elaborate further for example in crypto trading, if you are long enough in this market, you can easily spot possible ponzi scheme, pump and dump coin or scam coin. So your trading will be influenced on how deep you know a specific coin.

[Yamifoud]

I believe, it depends on the user how much knowledge he has when it comes to forex or crypto trading. Both have the risks of losing your funds, but it is your acquired knowledge and skills that will aid you in battling those risks. But the simple difference of these 2 was posted by mk4, so the OP has basic understanding about these 2 kinds of trading. And just to elaborate further for example in crypto trading, if you are long enough in this market, you can easily spot possible ponzi scheme, pump and dump coin or scam coin. So your trading will be influenced on how deep you know a specific coin.

We can apply to both of them with the same strategies and trading in general whether it was crypto or fiat related (like forex) knowledge and skill are absolutely required. And they all are risky.

Dump and pump can be experienced by both of them but in regards to Ponzi schemes and scam coins, these only exist in crypto trading IMO. In fact, this is one reason why many traders are preferred to use forex trading as likely to avoid losses because of choosing the wrong coins.

But the advantage in crypto trading is to have a lot of choices, unlike Forex. If we are new in trading, better to start Forex first, and gain some experience before moving to crypto.