Which cryptocurrencies have the most liquid order books?
abhijit suryawanshiDec 27, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that have the most liquid order books? I'm looking for cryptocurrencies with high trading volumes and tight bid-ask spreads.
3 answers
- Dec 27, 2021 · 3 years agoSure! Some of the cryptocurrencies with the most liquid order books include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have large trading volumes and are traded on multiple exchanges, which contributes to their high liquidity. Additionally, they often have tight bid-ask spreads, making it easier for traders to buy and sell at competitive prices.
- Dec 27, 2021 · 3 years agoWhen it comes to cryptocurrencies with the most liquid order books, you can't go wrong with Bitcoin (BTC) and Ethereum (ETH). These two cryptocurrencies dominate the market and have the highest trading volumes. Their popularity and widespread adoption make them highly liquid and attractive to traders.
- Dec 27, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) have the most liquid order books. These cryptocurrencies consistently rank high in terms of trading volumes and liquidity. However, it's important to note that liquidity can vary across different exchanges, so it's always a good idea to check the order book on your preferred exchange before making any trading decisions.
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