Forex vs. cryptocurrency trading, explained

Forex trading, commonly referred to as foreign currency trading, entails buying and selling other currencies to increase one’s financial gain. 

Forex trading involves trading fiat currency pairings and is open 24 hours a day during weekdays — i.e., closed on weekends — with trading sessions in major financial hubs, such as London, New York, Tokyo and Sydney. The first currency in the pair is known as the “base currency,” and the second currency is referred…