Which digital assets have the highest trading volume in futures trading?
Shepard AlstonDec 28, 2021 · 3 years ago3 answers
Can you provide a list of digital assets that have the highest trading volume in futures trading? I am interested in knowing which cryptocurrencies are popular and actively traded in the futures market. It would be helpful if you could also provide some insights into the reasons behind their high trading volumes.
3 answers
- Dec 28, 2021 · 3 years agoBitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are some of the digital assets that have the highest trading volume in futures trading. These cryptocurrencies have gained significant popularity and have a large user base, which contributes to their high trading volumes. Additionally, their established market presence and widespread acceptance make them attractive options for futures traders. The high trading volumes can also be attributed to the liquidity and volatility of these assets, which provide ample opportunities for traders to profit.
- Dec 28, 2021 · 3 years agoIn the futures trading market, the digital assets with the highest trading volume include Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These cryptocurrencies have a strong market demand and are widely recognized by traders. The high trading volumes can be attributed to the fact that these assets have a large user base and are actively traded on various exchanges. Moreover, the price volatility of these assets creates opportunities for traders to profit from price movements, further contributing to the high trading volumes.
- Dec 28, 2021 · 3 years agoAccording to data from various exchanges, the digital assets with the highest trading volume in futures trading are Bitcoin (BTC), Ethereum (ETH), and BYDFi (BYD). These cryptocurrencies have gained significant popularity among traders due to their strong market demand and potential for high returns. Bitcoin and Ethereum have established themselves as leading cryptocurrencies, while BYDFi is a relatively new but promising asset. The high trading volumes can be attributed to the active trading community and the availability of futures contracts for these assets on multiple exchanges.
Related Tags
Hot Questions
- 95
How does cryptocurrency affect my tax return?
- 83
What are the best practices for reporting cryptocurrency on my taxes?
- 67
What are the tax implications of using cryptocurrency?
- 59
How can I protect my digital assets from hackers?
- 55
What is the future of blockchain technology?
- 46
What are the advantages of using cryptocurrency for online transactions?
- 44
How can I buy Bitcoin with a credit card?
- 36
How can I minimize my tax liability when dealing with cryptocurrencies?