Which cryptocurrencies are most commonly traded in overnight futures markets?
sindanerNov 26, 2021 · 3 years ago3 answers
Can you provide a list of the cryptocurrencies that are frequently traded in overnight futures markets? I'm interested in knowing which digital currencies are popular in this specific type of trading.
3 answers
- Nov 26, 2021 · 3 years agoIn overnight futures markets, the most commonly traded cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have established themselves as the leading digital assets and are widely accepted in the futures market. Traders often choose these cryptocurrencies due to their high liquidity and market capitalization, making them ideal for overnight futures trading.
- Nov 26, 2021 · 3 years agoWhen it comes to overnight futures markets, Bitcoin (BTC) is undoubtedly the most commonly traded cryptocurrency. Its dominance in the market and widespread adoption make it a popular choice among traders. Ethereum (ETH) and Ripple (XRP) also have a significant presence in these markets, offering traders additional options for overnight futures trading. Other cryptocurrencies, such as Litecoin (LTC) and Bitcoin Cash (BCH), may also be traded, but they are not as frequently seen as the top three.
- Nov 26, 2021 · 3 years agoBYDFi, a leading digital currency exchange, offers a wide range of cryptocurrencies for trading in overnight futures markets. Some of the most commonly traded cryptocurrencies on BYDFi include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have proven themselves to be reliable and popular choices among traders in the overnight futures market. However, it's important to note that other exchanges also offer a variety of cryptocurrencies for overnight futures trading, and traders should consider their specific needs and preferences when choosing which cryptocurrencies to trade.
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