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Which cryptocurrencies are commonly traded using futures and forwards contracts?

avatarTownsend CrowleyNov 28, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are frequently traded using futures and forwards contracts?

Which cryptocurrencies are commonly traded using futures and forwards contracts?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Sure! Some of the cryptocurrencies that are commonly traded using futures and forwards contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a large market capitalization and are widely recognized in the industry, making them popular choices for futures and forwards trading.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! When it comes to futures and forwards contracts, Bitcoin (BTC) is undoubtedly the most commonly traded cryptocurrency. Its high liquidity and market dominance make it an attractive choice for traders. Additionally, Ethereum (ETH) and Ripple (XRP) are also frequently traded using these contracts, thanks to their significant market presence and widespread adoption.
  • avatarNov 28, 2021 · 3 years ago
    Certainly! In the world of futures and forwards contracts, Bitcoin (BTC) takes the lead as the most commonly traded cryptocurrency. Ethereum (ETH) and Ripple (XRP) also enjoy a considerable amount of trading activity in this regard. However, it's worth mentioning that there are other cryptocurrencies that are gaining traction in the futures and forwards market, such as Litecoin (LTC) and Bitcoin Cash (BCH). These coins offer alternative investment opportunities for traders seeking diversification.