I'm trying to understand if forex trading is actually a currency itself, or if it's just the process of exchanging different currencies. I'm confused about the terminology and would like some clarification on this matter.
6 answers
Chiara
Tue Nov 26 2024
In fact, the market sees approximately $6.6 trillion worth of forex transactions executed each day.
Leonardo
Tue Nov 26 2024
A wide range of participants engage in FX trading, including individuals, corporations, and banks.
Moonshadow
Tue Nov 26 2024
Forex trading, also referred to as foreign exchange or FX trading, involves the exchange of one currency for another.
MountFujiMystic
Tue Nov 26 2024
This financial activity is significant in the global economic landscape.
charlotte_wilson_coder
Tue Nov 26 2024
BTCC, a prominent cryptocurrency exchange, offers a variety of services in the digital asset space.