ECONOMICS (CBSE/UGC NET)

ECONOMICS

FOREIGN CURRENCY MARKETS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Most Common Market We Trade:*multiselect
A
Stock Market
B
Forex
C
DigitalCurrency
D
Electronic Selling
Explanation: 

Detailed explanation-1: -Coinbase is the largest U.S.-based cryptocurrency exchange, trading more than 30 cryptocurrencies. Its fees, however, can be confusing and higher than some competitors. While Coinbase offers attractive security features, cryptocurrency trading is highly volatile: Always consider the risks.

Detailed explanation-2: -A cryptocurrency exchange is an online marketplace where users buy, sell, and trade cryptocurrency. Crypto exchanges work similar to online brokerages, as users can deposit fiat currency (such as U.S. dollars) and use those funds to purchase cryptocurrency.

Detailed explanation-3: -Generally speaking there are three main types of crypto exchanges-centralized, decentralized, and hybrid. But there are other ways to buy and sell crypto, including investing apps and P2P or peer-to-peer platforms where you can buy and sell crypto 1:1.

Detailed explanation-4: -Bitcoin. Ethereum. Cardano. Solana. Litecoin.

There is 1 question to complete.