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Which cryptocurrencies are most commonly traded against GBP/USD?

avatarhe liangDec 15, 2021 · 3 years ago3 answers

Can you provide a list of the cryptocurrencies that are frequently traded against GBP/USD? I'm interested in knowing which digital currencies have a high trading volume and liquidity in this particular trading pair.

Which cryptocurrencies are most commonly traded against GBP/USD?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! When it comes to cryptocurrencies that are commonly traded against GBP/USD, some of the most popular ones include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a strong presence in the market and are often preferred by traders due to their high liquidity and trading volume.
  • avatarDec 15, 2021 · 3 years ago
    GBP/USD is a widely traded currency pair in the cryptocurrency market. Some of the commonly traded cryptocurrencies against GBP/USD include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have established themselves as major players in the market and are often favored by traders for their stability and liquidity.
  • avatarDec 15, 2021 · 3 years ago
    When it comes to cryptocurrencies that are frequently traded against GBP/USD, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) are among the top choices. These cryptocurrencies have a strong presence in the market and are widely accepted by various exchanges, including BYDFi. Traders often choose these cryptocurrencies due to their high liquidity and trading volume, making them ideal for GBP/USD trading pairs.