What is TradFi
TradFi is the traditional financial system: banks, stock exchanges, bonds, shares, investment funds, and other classic financial instruments.
The crypto market is often compared with TradFi, but today these worlds increasingly overlap.
It is useful for an investor to understand both systems, because macroeconomics, interest rates, and stock indices can also affect the cryptocurrency market.
#Binance #Finance
TradFi is the traditional financial system: banks, stock exchanges, bonds, shares, investment funds, and other classic financial instruments.
The crypto market is often compared with TradFi, but today these worlds increasingly overlap.
It is useful for an investor to understand both systems, because macroeconomics, interest rates, and stock indices can also affect the cryptocurrency market.
#Binance #Finance
