common-close-0
BYDFi
Trade wherever you are!
Markets
Buy Cryptocommon-tiny-triangle-down
Tradecommon-tiny-triangle-down
Derivativeshotcommon-tiny-triangle-down
Trading Bots
Partnershipcommon-tiny-triangle-down
Reward Centercommon-new-0
Halloween Carnival Night
header-more-option
header-global
header-download
header-skin-grey-0

What are the major currency pairs in the cryptocurrency market?

avatarUnderstandable Have A Great DaNov 25, 2021 · 3 years ago3 answers

Can you provide a list of the major currency pairs in the cryptocurrency market? I'm interested in knowing which pairs are commonly traded and have high liquidity.

What are the major currency pairs in the cryptocurrency market?
Cryptocurrency
Currency Pairs
Trading

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Sure! The major currency pairs in the cryptocurrency market include BTC/USD, ETH/USD, and XRP/USD. These pairs are widely traded and have high liquidity, making them popular choices among traders. BTC/USD represents the exchange rate between Bitcoin and the US Dollar, ETH/USD represents the exchange rate between Ethereum and the US Dollar, and XRP/USD represents the exchange rate between Ripple and the US Dollar. These pairs are often used as benchmarks for the overall performance of the cryptocurrency market.
  • avatarNov 25, 2021 · 3 years ago
    The major currency pairs in the cryptocurrency market are BTC/USD, ETH/USD, and XRP/USD. These pairs are considered major because they involve the most popular cryptocurrencies and are traded in high volumes. BTC/USD is the most widely traded pair and serves as a reference point for the overall market sentiment. ETH/USD represents the exchange rate between Ethereum and the US Dollar, while XRP/USD represents the exchange rate between Ripple and the US Dollar. These pairs provide ample trading opportunities for both short-term and long-term traders.
  • avatarNov 25, 2021 · 3 years ago
    When it comes to major currency pairs in the cryptocurrency market, BTC/USD, ETH/USD, and XRP/USD are the ones you need to know. These pairs are the most actively traded and have the highest liquidity. BTC/USD is the most popular pair, representing the exchange rate between Bitcoin and the US Dollar. ETH/USD represents the exchange rate between Ethereum and the US Dollar, while XRP/USD represents the exchange rate between Ripple and the US Dollar. These pairs are widely used by traders to speculate on the price movements of these cryptocurrencies and to gauge the overall market sentiment.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions