What is the advantage of forex trading ? Compare to crypto currency? Why we have lot of people specially here at philippines trade In Crypto than Forex?
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Trading in cryptocurrencies and forex both has advantages. High liquidity, a variety of currencies, and well established regulatory frameworks are all offered by forex.
In the Philippines the reason why it is popular is because the play to earn games. And some of the people especially here in the Philippines didn't know about Forex trading.
What is the advantage of forex trading ? Compare to crypto currency?
- The established and regulated nature of the forex market, providing greater stability, liquidity, and a wide range of currency pairs, whereas the cryptocurrency market is relatively newer and more volatile.
Why we have lot of people specially here at philippines trade In Crypto than Forex?
- The popularity of trading in cryptocurrencies over forex in the Philippines could be attributed to factors such as accessibility through online platforms, potential for high returns, and the rise of digital assets as a novel and evolving investment opportunity.
FOREX TRADING IS NOT YET POPULAR HERE IN PH BUT IN OTHER COUNTRIES THEY ARE WELL-DEVELOPED WHEN IT COMES TO TRADING