common-close-0
BYDFi
Trade wherever you are!

Which cryptocurrencies are available for trading through American depositary receipts?

avatarNilu FarDec 26, 2021 · 3 years ago1 answers

Can you provide a list of cryptocurrencies that can be traded through American depositary receipts (ADRs)? I'm interested in knowing which cryptocurrencies are available for trading in this specific format.

Which cryptocurrencies are available for trading through American depositary receipts?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Certainly! BYDFi offers a wide range of cryptocurrencies that can be traded through American depositary receipts (ADRs). Some of the popular options include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies are well-established and have ADRs listed on BYDFi's platform. Trading through ADRs provides investors with the opportunity to diversify their portfolio and gain exposure to the crypto market. However, it's important to conduct thorough research and consider your investment goals and risk tolerance before trading cryptocurrencies through ADRs. Remember to always stay informed and make informed decisions when it comes to investing in cryptocurrencies.