Traders can choose from many different currencies on the renowned Quotex trading platform. Quotex provides the tools necessary to trade foreign exchange, cryptocurrencies, and equities to both seasoned investors and novices. This article will take a look at the various Quotex currencies.
Mainstream Currencies
Quotex (AUD) trading allows for the buying and selling of several of the world’s most liquid currencies, including the US dollar, Euro, British pound, Japanese yen, Swiss franc, Canadian dollar, and Australian dollar. This means they are among the most liquid and extensively utilized currencies for cross-border commerce.
Smaller Currency Units
Quotex also facilitates transactions in several other currencies, including the New Zealand dollar (NZD), Singapore dollar (SGD), Hong Kong dollar (HKD), Swedish krona (SEK), Norwegian krone (NOK), and Danish krone (DKK) (DKK). While these currencies aren’t as liquid as the majors, they present the potential for profitable trades.
Currencies from Abroad
The unusual currencies offered by Quotex are those of developing nations and smaller economies. The South African rand (ZAR), the Turkish lira (TRY), the Russian ruble (RUB), and the Brazilian real (BRL) are all part of this group (BRL). Exotic currency trading carries a higher degree of uncertainty and danger and a higher chance of profit.
Cryptocurrencies
Quotex is a trading platform that allows users to transact in conventional currency and various digital alternatives. In addition to the most well-known cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP), there are many more that deserve notice, such as Tron (TRX), Dash (DASH), and Stellar (XLM) (XLM).
Trading in metals such as gold (XAU), silver (XAG), and platinum is available on Quotex as well (XPT). Some investors choose to protect their wealth against inflation and market volatility by purchasing these commodities.
In conclusion, Quotex provides a wide selection of tradable currencies, including major and minor currencies, exotic currencies, cryptocurrencies, and commodities. So, investors can spread their bets across a wider range of currencies and locate the ones that work best with their overall plan.
