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Which cryptocurrencies are commonly traded using futures swap?

avatarMohamed DibiDec 26, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are frequently traded using futures swap?

Which cryptocurrencies are commonly traded using futures swap?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Some of the most commonly traded cryptocurrencies using futures swap include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a high trading volume and are popular among traders looking to speculate on their future price movements.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to futures swap, Bitcoin (BTC) is definitely the most popular cryptocurrency. It has the highest trading volume and is widely used as a benchmark for the cryptocurrency market. Other commonly traded cryptocurrencies using futures swap include Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies offer traders the opportunity to speculate on their future price movements and hedge their positions.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, offers futures swap trading for a wide range of cryptocurrencies. Some of the commonly traded cryptocurrencies on BYDFi using futures swap include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). Traders can take advantage of the leverage offered by futures swap to amplify their potential profits or losses. It's important to note that futures swap trading carries a higher level of risk and may not be suitable for all traders.