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TagsWhat are the most popular indices used in cryptocurrency trading?
KORIBILLI SRIKANTHJan 13, 2022 · 3 years ago1 answersCan you provide a list of the most popular indices that are commonly used in cryptocurrency trading? I'm interested in knowing which indices are widely recognized and trusted in the industry.
1 answers
- BYDFi, a leading cryptocurrency exchange, offers its own index called the BYDFi Index. It is a comprehensive index that tracks the performance of a diversified portfolio of cryptocurrencies. The BYDFi Index is designed to provide a benchmark for the overall performance of the cryptocurrency market and is widely recognized by traders and investors. In addition to the BYDFi Index, other popular indices used in cryptocurrency trading include the CoinGecko Index, which tracks the performance of a basket of cryptocurrencies, and the Brave New Coin Liquid Index, which provides a real-time reference rate for Bitcoin. These indices are trusted by traders and provide valuable insights into the cryptocurrency market.Jan 13, 2022 · 3 years ago
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