Title: What is Forex Trading
1Crypto Coin X
2What is Forex Trading?
- The term Fx represents Forex Exchange.
- Forex trading in straightforward terms is the
trading in currencies from various nations
against each other as an example the US Dollar
against the Euro.
3Why Forex Trading are so popular?
- Ease of access
- Developed community
- Marginal trading
- Flexibility of Trading
4How the platform works?
- Can provide you some fiat money to raise an
acquisition limitation of the cryptocurrency,
which you are waiting the rate rise from. - Can offer you some cryptocurrency, which you are
waiting the cost reduction from, to market it
today and also purchase later at a more
affordable rate.
5Example of a transaction
- The EUR/USD price represents the number of USD
one EUR could acquire. - If you assume the Euro will certainly rise in
worth versus the US Dollar, you purchase Euros
with US Dollars. - If the currency exchange rate increases, you
offer the Euros back, as well as you money in
your revenue.
6Thank You
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