What are the best futures to day trade in the cryptocurrency market?
Ramachandran RamDec 28, 2021 · 3 years ago1 answers
I'm looking to day trade in the cryptocurrency market and I want to know which futures contracts are the best for this type of trading. Can you recommend some futures contracts that are popular and suitable for day trading in the cryptocurrency market? I'm particularly interested in futures contracts that have high liquidity and tight spreads. Thank you!
1 answers
- Dec 28, 2021 · 3 years agoWhen it comes to day trading in the cryptocurrency market, it's important to choose futures contracts that offer high liquidity and tight spreads. One popular choice for day trading is the Bitcoin futures contract. Bitcoin is the largest and most well-known cryptocurrency, and its futures contract is highly liquid and has tight spreads. Another option to consider is the Ethereum futures contract. Ethereum is the second-largest cryptocurrency and its futures contract also offers high liquidity and tight spreads. Additionally, the Ripple futures contract and Litecoin futures contract can be suitable for day trading in the cryptocurrency market. These contracts may not have the same level of liquidity as Bitcoin and Ethereum, but they still provide trading opportunities for day traders. It's recommended to monitor the market conditions and consult with experienced traders to make informed decisions when day trading in the cryptocurrency market.
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