common-close-0
BYDFi
Trade wherever you are!

What are the most popular cryptocurrency pairs among traders?

avatarAmarnath RoutDec 27, 2021 · 3 years ago3 answers

Among cryptocurrency traders, which currency pairs are the most commonly traded?

What are the most popular cryptocurrency pairs among traders?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The most popular cryptocurrency pairs among traders are BTC/USD, ETH/USD, and XRP/USD. These pairs are widely traded on various exchanges and offer high liquidity. Traders prefer these pairs due to their stability and the availability of trading tools and indicators. Additionally, BTC/USD is often considered the benchmark pair for the cryptocurrency market.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to the most popular cryptocurrency pairs, BTC/USD is undoubtedly the king. It's the most traded pair on almost every exchange and sets the tone for the entire market. Traders closely monitor BTC/USD as it reflects the overall sentiment and trend in the cryptocurrency space. Other popular pairs include ETH/USD and XRP/USD, which also attract significant trading volume.
  • avatarDec 27, 2021 · 3 years ago
    According to data from BYDFi, a leading cryptocurrency exchange, the most popular cryptocurrency pairs among traders are BTC/USD, ETH/USD, and XRP/USD. These pairs consistently have the highest trading volume and liquidity. Traders prefer these pairs due to their established market presence and the availability of trading tools and resources. However, it's important to note that the popularity of currency pairs can vary across different exchanges.