Both cryptocurrency and stock markets are volatile and subject to external factors. However, there are also differences between them.
When we talk about cryptocurrencies and stocks, they are traded very differently. Cryptocurrencies can be purchased on crypto currency exchanges, and stocks can be purchased on stock exchanges. Of course, as mentioned earlier, there are also differences in trading and opening hours.
Typically, the crypto market is more volatile than the stock market. However, the stock market also fluctuates due to changes in interest rates and uncertainties such as wars, inflation rates, changes in monetary policy, etc. So, how do cryptocurrency transaction costs compare to stocks?
Basically, transaction fees do not apply to the crypto market because it is decentralized. You do, however, need to pay a gas fee to reward miners and security validators of network transactions.