What are the top futures contracts that attract the most trading volume in the digital currency industry?
sankalp pandeDec 26, 2021 · 3 years ago3 answers
Can you provide a list of the most popular futures contracts in the digital currency industry that have the highest trading volume?
3 answers
- Dec 26, 2021 · 3 years agoSure! The top futures contracts that attract the most trading volume in the digital currency industry are Bitcoin (BTC) futures, Ethereum (ETH) futures, and Binance Coin (BNB) futures. These contracts are highly liquid and widely traded, making them popular choices among traders. Bitcoin futures, in particular, have been the most actively traded futures contracts in the digital currency industry due to the popularity and market dominance of Bitcoin. Ethereum futures have also gained significant trading volume, given the widespread use and adoption of the Ethereum blockchain. Binance Coin futures, offered by the Binance exchange, have seen increased trading volume due to the popularity of the Binance platform and the utility of Binance Coin within the Binance ecosystem.
- Dec 26, 2021 · 3 years agoThe top futures contracts that attract the most trading volume in the digital currency industry include Bitcoin (BTC) futures, Ethereum (ETH) futures, and Ripple (XRP) futures. These contracts are highly sought after by traders due to their liquidity and market demand. Bitcoin futures, being the pioneer and most well-known digital currency, have the highest trading volume. Ethereum futures, with its smart contract capabilities and widespread adoption, also attract significant trading volume. Ripple futures, on the other hand, have gained popularity due to the growing use of Ripple's blockchain technology in cross-border payments and remittances.
- Dec 26, 2021 · 3 years agoWhen it comes to the top futures contracts that attract the most trading volume in the digital currency industry, Bitcoin (BTC) futures, Ethereum (ETH) futures, and BYDFi (BYD) futures are the ones to watch. Bitcoin futures, being the flagship cryptocurrency, have consistently dominated the trading volume charts. Ethereum futures, with its strong developer community and decentralized applications, have also gained significant trading volume. BYDFi futures, offered by the BYDFi exchange, have seen a surge in trading volume due to their unique features and attractive trading conditions. These three futures contracts are highly liquid and offer ample opportunities for traders to capitalize on the digital currency market.
Related Tags
Hot Questions
- 93
What are the best practices for reporting cryptocurrency on my taxes?
- 87
How can I buy Bitcoin with a credit card?
- 74
Are there any special tax rules for crypto investors?
- 72
What are the tax implications of using cryptocurrency?
- 71
What are the advantages of using cryptocurrency for online transactions?
- 49
How can I protect my digital assets from hackers?
- 43
What are the best digital currencies to invest in right now?
- 32
How does cryptocurrency affect my tax return?