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Which cryptocurrencies are most commonly traded in the futures market in Singapore?

avatarJesús Caleb Oria BastosDec 18, 2021 · 3 years ago4 answers

In the futures market in Singapore, which cryptocurrencies are frequently traded? What are the popular choices for traders looking to engage in futures trading of digital assets in Singapore?

Which cryptocurrencies are most commonly traded in the futures market in Singapore?

4 answers

  • avatarDec 18, 2021 · 3 years ago
    In the futures market in Singapore, the most commonly traded cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a large market capitalization and are widely recognized and accepted in the industry. Traders often choose these cryptocurrencies for futures trading due to their liquidity and established reputation. Additionally, Bitcoin Cash (BCH) and Litecoin (LTC) are also popular choices for futures trading in Singapore.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to futures trading in Singapore, Bitcoin (BTC) is undoubtedly the most commonly traded cryptocurrency. Its dominance in the market and high liquidity make it an attractive choice for traders. Ethereum (ETH) and Ripple (XRP) are also frequently traded in the futures market in Singapore, offering traders alternative options to diversify their portfolios. Other cryptocurrencies such as Bitcoin Cash (BCH) and Litecoin (LTC) also have a presence in the futures market, although their trading volumes may not be as high as the top three.
  • avatarDec 18, 2021 · 3 years ago
    In the futures market in Singapore, traders have a variety of cryptocurrencies to choose from. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are among the most commonly traded cryptocurrencies. These cryptocurrencies have established themselves as the industry leaders and are widely recognized and accepted. Traders can also find opportunities in other cryptocurrencies such as Bitcoin Cash (BCH) and Litecoin (LTC), which offer different features and trading dynamics. Overall, the futures market in Singapore provides a range of options for traders looking to engage in cryptocurrency futures trading.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to the futures market in Singapore, BYDFi is a popular choice for traders looking to engage in cryptocurrency futures trading. They offer a wide range of cryptocurrencies for futures trading, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). Traders can take advantage of BYDFi's advanced trading platform and competitive fees to participate in the futures market. Additionally, BYDFi provides comprehensive educational resources and customer support to assist traders in their futures trading journey.