What are the most popular cryptocurrency pairs in forex?
Brad SakevichApr 19, 2022 · 4 years ago3 answers
Can you provide a list of the most popular cryptocurrency pairs that are commonly traded in the forex market? I'm interested in knowing which cryptocurrencies are frequently paired with major fiat currencies like USD, EUR, and GBP.
3 answers
- makotoOct 30, 2023 · 2 years agoSure! The most popular cryptocurrency pairs in forex include BTC/USD, ETH/USD, and XRP/USD. These pairs are widely traded and have high liquidity, making them attractive options for traders. Other popular pairs include BTC/EUR and BTC/GBP, as well as ETH/EUR and ETH/GBP. These pairs offer opportunities for traders to speculate on the price movements of cryptocurrencies against major fiat currencies.
- Erfan HosseiniJan 03, 2021 · 5 years agoWhen it comes to cryptocurrency pairs in forex, BTC/USD is definitely the king. Bitcoin is the most well-known and widely traded cryptocurrency, and its pairing with the US dollar is the most popular choice for traders. Other popular pairs include ETH/USD and XRP/USD. These pairs offer good liquidity and are frequently traded by both retail and institutional investors.
- Elie MatshiNov 24, 2023 · 2 years agoBYDFi, a leading cryptocurrency exchange, offers a wide range of popular cryptocurrency pairs for forex trading. Some of the most commonly traded pairs include BTC/USD, ETH/USD, and XRP/USD. These pairs provide traders with opportunities to profit from the price movements of cryptocurrencies against major fiat currencies. Additionally, BYDFi offers competitive trading fees and a user-friendly platform, making it a popular choice among traders.
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