What is forex and crypto trade?
.jpg){kind=tracking}
Forex Trade Introduction The word forex is a short term for foreign exchange. Forex trade therefore involves trading with world recommended currencies. Some of these currencies include American dollars(USD),Great Britain pound (GBP),Japan Yemen (JPY),Australia dollars (AUD),Canadian dollars (CAD),EUR etc. These currencies exist in pairs eg.EUR/USD,USD/JPY,USD/CAD,GBP/USD And more. Crypto trade on the other hand is a method of trading world cryptocurrencies such as Bitcoin, Etherium, litecoin,Ripple, etc Cryptocurrencies are accepted by some countries in the world but not all. How to trade forex and cryptocurrency Due to high improvement of technology in the world, most of the traders don't need to go to the banks and trade forex or cryptocurrencies. This old method was replaced by new technology called block chain. Traders in the world use computers and mobile phones to buy or sell currencies. They only require a strong network to do this job . A trading pl...