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Which trading pairs have the highest volume in the cryptocurrency market?

avatarNathalie KaviraDec 24, 2021 · 3 years ago3 answers

In the cryptocurrency market, which trading pairs are known to have the highest trading volume? I'm interested in finding out the most popular pairs that traders are actively trading. Can you provide some insights into this?

Which trading pairs have the highest volume in the cryptocurrency market?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    When it comes to trading pairs with the highest volume in the cryptocurrency market, Bitcoin (BTC) and Tether (USDT) are among the most popular choices. These two pairs are widely traded on various exchanges and have a significant impact on the overall market volume. BTC/USDT is particularly favored due to the stability provided by the USDT stablecoin. Other popular trading pairs include Ethereum (ETH)/USDT, Bitcoin Cash (BCH)/USDT, and Ripple (XRP)/USDT.
  • avatarDec 24, 2021 · 3 years ago
    If you're looking for trading pairs with high volume in the cryptocurrency market, you can't go wrong with BTC/USDT and ETH/USDT. These pairs are considered the backbone of the market and are heavily traded on most exchanges. USDT, being a stablecoin pegged to the US dollar, provides traders with a reliable base currency to trade against popular cryptocurrencies like Bitcoin and Ethereum. Additionally, BTC/ETH is another popular pair that attracts significant trading volume.
  • avatarDec 24, 2021 · 3 years ago
    According to data from BYDFi, the trading pair with the highest volume in the cryptocurrency market is BTC/USDT. This pair consistently dominates the trading volume charts on major exchanges. Traders prefer this pair due to the liquidity and stability offered by USDT. Other popular trading pairs include ETH/USDT, BCH/USDT, and XRP/USDT. These pairs are known for their high trading volume and are actively traded by both retail and institutional investors.