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Which cryptocurrencies are commonly traded using perp contracts?

avatarJulian NorrisMar 22, 2022 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are frequently traded using perpetual contracts?

Which cryptocurrencies are commonly traded using perp contracts?
Cryptocurrencies
Perp Contracts
Trading

3 answers

  • avatarMar 22, 2022 · 3 years ago
    Sure! Some of the most commonly traded cryptocurrencies using perpetual contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). These cryptocurrencies have high liquidity and are popular among traders due to their market capitalization and trading volume.
  • avatarMar 22, 2022 · 3 years ago
    Perpetual contracts are a type of derivative that allows traders to speculate on the price movement of cryptocurrencies without owning the underlying asset. They are commonly used for trading popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Traders can take advantage of both rising and falling prices to make profits.
  • avatarMar 22, 2022 · 3 years ago
    At BYDFi, we offer a wide range of perpetual contracts for popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, and more. Our platform provides traders with advanced trading features and competitive fees. With BYDFi, you can easily trade these cryptocurrencies using perp contracts and take advantage of market opportunities.

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