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Which cryptocurrencies are commonly traded through RFQ?

avatarMOHAMMED MARKIKJan 15, 2022 · 3 years ago3 answers

What are some of the cryptocurrencies that are frequently traded through RFQ (Request for Quote) in the cryptocurrency market?

Which cryptocurrencies are commonly traded through RFQ?
Cryptocurrencies
RFQ
Trading

3 answers

  • avatarJan 15, 2022 · 3 years ago
    In the cryptocurrency market, some of the commonly traded cryptocurrencies through RFQ include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). RFQ trading allows traders to request quotes for specific cryptocurrencies and negotiate prices directly with liquidity providers or market makers. This method is often used for large trades or institutional investors who require personalized quotes and prefer to negotiate terms before executing the trade.
  • avatarJan 15, 2022 · 3 years ago
    When it comes to RFQ trading in the cryptocurrency market, popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are frequently traded. RFQ trading provides an opportunity for traders to request quotes from liquidity providers and negotiate prices based on their specific requirements. It offers flexibility and personalized trading experience, especially for large trades and institutional investors.
  • avatarJan 15, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers RFQ trading for a wide range of cryptocurrencies. Some of the commonly traded cryptocurrencies through RFQ on BYDFi include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). RFQ trading allows traders to request quotes and negotiate prices directly with liquidity providers, ensuring competitive pricing and personalized trading experience.

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