The Forex market is the largest, most liquid market in the world. It’s a decentralized global market, where all the currencies in the world are traded. As a global market, the Forex is influenced by many factors, such as political announcements, inflation numbers and jobs reports. On average, $5.3 trillion is traded in the Forex per day.
Cryptocurrencies, while often referred to as “digital currencies,” aren’t the same as currencies like the U.S. dollar or the Japanese yen.
While currencies in the Forex market are backed by a centralized government, cryptocurrencies are not. They are hosted online and backed by a peer-to-peer authentication process that prevents you from using a cryptocurrency (such as a Bitcoin) more than one time.
The network also generates cryptocurrencies in exchange for people working to secure the network and check entries in exchange for digital cash. These people are referred to as miners.
The global cryptocurrency market has previously reached a market cap of more than $700 billion. Some experts predict that number will only climb.
Cryptocurrency trading is similar to forex trading in that they both involve exchanging a currency for another currency. However, the cryptocurrency market and the forex market are influenced by different factors.
DirectCapitalInvestment offers professional brokerage & trading services for wealth manager, asset manager, high-net-worth individuals as well as for token issuer. Due to our access to a large number of crypto-exchanges, our best execution algorithmic trading and our access to the OTC market, we are able to securely trade on a best execution basis on behalf of our clients. But we don’t just execute the trades, we also offer active crypto-asset management, automated cross-exchange arbitrage trading or long position hedging.
In order to do so in a regulated and compliant way, we are operating under the VQF regulation of the Swiss SRO (Self-Regulatory-Organisation) and perform compliant AML and KYC processes on our clients