Which cryptocurrencies are most commonly traded using market-on-close orders today?

3 answers

• Mar 06, 2022 · 3 years ago
  Market-on-close orders are a popular trading strategy in the cryptocurrency market today. Some of the most commonly traded cryptocurrencies using this strategy include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have high liquidity and are widely accepted by exchanges, making them ideal for market-on-close orders. Traders often use this strategy to take advantage of the price volatility at the end of the trading day.
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• Mar 06, 2022 · 3 years ago
  When it comes to market-on-close orders in the cryptocurrency market, Bitcoin (BTC) is undoubtedly the most commonly traded cryptocurrency. Its high market capitalization and widespread adoption make it a preferred choice for many traders. Other popular cryptocurrencies traded using this strategy include Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies offer good liquidity and are supported by a wide range of exchanges.
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• Mar 06, 2022 · 3 years ago
  Market-on-close orders are widely used in the cryptocurrency market to execute trades at the closing price of the trading day. While there are no specific data available on the most commonly traded cryptocurrencies using this strategy, it is safe to assume that Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies are frequently traded using market-on-close orders. These cryptocurrencies have high trading volumes and are widely accepted by exchanges, making them suitable for this type of trading strategy.
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