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Which digital currencies are most commonly traded against USD and JPY?

avatarJamer AndersonDec 27, 2021 · 3 years ago3 answers

Can you provide a list of the most commonly traded digital currencies against USD and JPY?

Which digital currencies are most commonly traded against USD and JPY?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! The most commonly traded digital currencies against USD and JPY include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a high trading volume and are widely accepted on various cryptocurrency exchanges. They are considered as the major players in the market and are often used as a benchmark for other digital currencies.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to digital currencies traded against USD and JPY, Bitcoin (BTC) is definitely the king. It has the highest trading volume and market capitalization among all cryptocurrencies. Ethereum (ETH) is also a popular choice for traders, known for its smart contract capabilities. Other commonly traded digital currencies against USD and JPY include Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies offer different features and use cases, providing traders with a diverse range of options.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that the most commonly traded digital currencies against USD and JPY are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a strong presence in the market and are widely accepted on various exchanges. Traders often use them as a base currency for trading other digital assets. If you're looking to trade digital currencies against USD and JPY, you'll find plenty of liquidity and trading opportunities with these coins.