common-close-0
BYDFi
Trade wherever you are!

Which digital currencies have the highest trading volume against the US dollar?

avatarHasan MohammadiDec 27, 2021 · 3 years ago1 answers

Can you provide a list of digital currencies that have the highest trading volume against the US dollar?

Which digital currencies have the highest trading volume against the US dollar?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    According to the latest data, the digital currencies with the highest trading volume against the US dollar are Bitcoin, Ethereum, and Tether. Bitcoin, being the first and most widely recognized cryptocurrency, has the highest trading volume by far. Ethereum, with its smart contract capabilities and vibrant ecosystem, comes in second. Tether, a stablecoin that is pegged to the US dollar, also enjoys significant trading volume due to its stability and utility in the crypto market. It's worth noting that trading volume can fluctuate, and other digital currencies like Ripple, Litecoin, and Bitcoin Cash also have substantial trading volume against the US dollar. However, the top three mentioned earlier consistently dominate the market in terms of trading volume and liquidity.