Which cryptocurrencies are commonly traded using futures and forwards contracts?
Bundgaard NicolaisenDec 26, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are frequently traded using futures and forwards contracts?
3 answers
- Dec 26, 2021 · 3 years agoSure! Some of the cryptocurrencies that are commonly traded using futures and forwards contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a large market capitalization and are widely recognized in the industry, making them popular choices for futures and forwards trading.
- Dec 26, 2021 · 3 years agoAbsolutely! When it comes to futures and forwards contracts, Bitcoin (BTC) is undoubtedly the most commonly traded cryptocurrency. Its high liquidity and market dominance make it an attractive choice for traders. Additionally, Ethereum (ETH) and Ripple (XRP) are also frequently traded using these contracts, thanks to their significant market presence and widespread adoption.
- Dec 26, 2021 · 3 years agoCertainly! In the world of futures and forwards contracts, Bitcoin (BTC) takes the lead as the most commonly traded cryptocurrency. Ethereum (ETH) and Ripple (XRP) also enjoy a considerable amount of trading activity in this regard. However, it's worth mentioning that there are other cryptocurrencies that are gaining traction in the futures and forwards market, such as Litecoin (LTC) and Bitcoin Cash (BCH). These coins offer alternative investment opportunities for traders seeking diversification.
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