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What are the advantages and disadvantages of using USD and JPY pairs for trading cryptocurrencies?

avatarJorge Cascajo GarcinuñoDec 30, 2021 · 3 years ago1 answers

What are the benefits and drawbacks of using USD and JPY pairs when trading cryptocurrencies?

What are the advantages and disadvantages of using USD and JPY pairs for trading cryptocurrencies?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    When trading cryptocurrencies against USD and JPY pairs, you can benefit from the liquidity and stability these currencies offer. However, it's important to consider the potential limitations and risks associated with focusing solely on these pairs.