Which cryptocurrencies are commonly traded using short future contracts?
Udit MauryaNov 28, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are frequently traded using short future contracts? I'm interested in knowing which digital assets are commonly used in this type of trading strategy.
3 answers
- Nov 28, 2021 · 3 years agoSure! Some of the cryptocurrencies that are commonly traded using short future contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These digital assets have a high trading volume and are popular choices for traders looking to speculate on their price movements using futures contracts.
- Nov 28, 2021 · 3 years agoWhen it comes to short future contracts, Bitcoin (BTC) is undoubtedly the most commonly traded cryptocurrency. Its high liquidity and market dominance make it an attractive choice for traders. However, Ethereum (ETH) and Ripple (XRP) are also frequently traded using short future contracts. These cryptocurrencies have gained significant popularity in recent years and are often included in the futures market.
- Nov 28, 2021 · 3 years agoAccording to BYDFi, a leading digital asset exchange, the most commonly traded cryptocurrencies using short future contracts are Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These cryptocurrencies have a strong presence in the futures market due to their high trading volume and market capitalization. Traders often use short future contracts to speculate on the price movements of these digital assets.
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