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What are the most popular futures contract codes in the cryptocurrency industry?

avatarCoughlin MullenDec 17, 2021 · 3 years ago3 answers

Can you provide a list of the most popular futures contract codes in the cryptocurrency industry? I'm interested in knowing which contract codes are commonly traded and widely recognized in the market.

What are the most popular futures contract codes in the cryptocurrency industry?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! In the cryptocurrency industry, some of the most popular futures contract codes include BTCUSD, ETHUSD, XRPUSD, and LTCUSD. These contract codes represent the futures contracts for Bitcoin, Ethereum, Ripple, and Litecoin respectively. They are widely recognized and heavily traded on various cryptocurrency exchanges. Traders and investors often use these contract codes to speculate on the future price movements of these cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to futures contract codes in the cryptocurrency industry, BTCUSD is definitely the most popular one. BTC stands for Bitcoin, and USD represents the US Dollar. This contract code is widely used and recognized by traders and investors worldwide. It allows them to trade Bitcoin futures contracts and profit from the price fluctuations of the cryptocurrency against the US Dollar. Other popular contract codes include ETHUSD for Ethereum, XRPUSD for Ripple, and LTCUSD for Litecoin.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a wide range of futures contract codes for traders to choose from. Some of the most popular contract codes on BYDFi include BTCUSD, ETHUSD, XRPUSD, and LTCUSD. These contract codes represent the futures contracts for Bitcoin, Ethereum, Ripple, and Litecoin respectively. Traders can easily access these contract codes on the BYDFi platform and engage in futures trading to take advantage of the price movements in the cryptocurrency market.