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TagsWhat are the most popular cryptocurrency pairs in forex?
Nai MikiuoJan 12, 2022 · 3 years ago3 answersCan you provide a list of the most popular cryptocurrency pairs that are commonly traded in the forex market? I'm interested in knowing which cryptocurrencies are frequently paired with major fiat currencies like USD, EUR, and GBP.
3 answers
- Sure! The most popular cryptocurrency pairs in forex include BTC/USD, ETH/USD, and XRP/USD. These pairs are widely traded and have high liquidity, making them attractive options for traders. Other popular pairs include BTC/EUR and BTC/GBP, as well as ETH/EUR and ETH/GBP. These pairs offer opportunities for traders to speculate on the price movements of cryptocurrencies against major fiat currencies.Jan 12, 2022 · 3 years ago
- When it comes to cryptocurrency pairs in forex, BTC/USD is definitely the king. Bitcoin is the most well-known and widely traded cryptocurrency, and its pairing with the US dollar is the most popular choice for traders. Other popular pairs include ETH/USD and XRP/USD. These pairs offer good liquidity and are frequently traded by both retail and institutional investors.Jan 12, 2022 · 3 years ago
- BYDFi, a leading cryptocurrency exchange, offers a wide range of popular cryptocurrency pairs for forex trading. Some of the most commonly traded pairs include BTC/USD, ETH/USD, and XRP/USD. These pairs provide traders with opportunities to profit from the price movements of cryptocurrencies against major fiat currencies. Additionally, BYDFi offers competitive trading fees and a user-friendly platform, making it a popular choice among traders.Jan 12, 2022 · 3 years ago
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