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Which cryptocurrencies are most commonly traded using perpetual contracts?

avatarEmily TrinhDec 29, 2021 · 3 years ago3 answers

Perpetual contracts have gained popularity in the cryptocurrency market, but which cryptocurrencies are the most commonly traded using this type of contract? Can you provide a list of the top cryptocurrencies that are frequently traded using perpetual contracts?

Which cryptocurrencies are most commonly traded using perpetual contracts?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    When it comes to cryptocurrencies commonly traded using perpetual contracts, Bitcoin (BTC) is undoubtedly the king. As the first and most well-known cryptocurrency, BTC attracts a significant amount of trading volume in the perpetual contract market. Other popular cryptocurrencies traded using perpetual contracts include Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have established themselves as major players in the crypto market and are frequently traded using perpetual contracts due to their liquidity and market demand.
  • avatarDec 29, 2021 · 3 years ago
    If you're looking for some altcoins that are commonly traded using perpetual contracts, you might want to consider Cardano (ADA), Polkadot (DOT), Chainlink (LINK), and Binance Coin (BNB). These cryptocurrencies have gained traction in the crypto community and are often included in the perpetual contract offerings of various exchanges. Keep in mind that the popularity of cryptocurrencies traded using perpetual contracts can vary over time, so it's always a good idea to stay updated with the latest market trends.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we offer a wide range of perpetual contracts for trading various cryptocurrencies. Our platform supports popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many others. With our user-friendly interface and advanced trading features, you can easily trade these cryptocurrencies using perpetual contracts. Join our platform today and explore the exciting world of cryptocurrency trading!