What is cryptocurrency trading? Beállítások

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Unlike the forex market, the crypto market is still young—it’s only a little over 11 years old. Cryptocurrencies, by definition, are digital assets, so the market deals exclusively with digital assets.The crypto market quickly blossomed in the recent decade due to the rise of various altcoins and the establishment of many prominent exchanges and marketplaces.Compared to forex’s $5.3 trillion daily average, the crypto market has a daily volume of around $100 billion—it’s puny compared to forex, but $100 billion is still a lot of money. Most of this money is traded through exchanges. Although OTC trading for crypto exists, the use of exchanges is still the most prominent way to trade bitcoin and other cryptos.Crypto exchanges are always open—24/7/365. However, the trading regulations for these exchanges vary depending on the ways in which different countries perceive and understand cryptocurrencies.