Which currency pairs offer the highest trading volume in the cryptocurrency industry?
Terkelsen MalikDec 18, 2021 · 3 years ago3 answers
In the cryptocurrency industry, which currency pairs have the highest trading volume? I'm interested in knowing which pairs are the most actively traded and have the highest liquidity.
3 answers
- Dec 18, 2021 · 3 years agoThe currency pairs with the highest trading volume in the cryptocurrency industry are usually BTC/USD, ETH/USD, and XRP/USD. These pairs are popular because they involve major cryptocurrencies like Bitcoin, Ethereum, and Ripple, and are often traded against the US dollar. The high trading volume and liquidity of these pairs make them attractive to traders and investors looking for opportunities in the cryptocurrency market.
- Dec 18, 2021 · 3 years agoWhen it comes to trading volume in the cryptocurrency industry, the BTC/USDT, ETH/USDT, and BNB/USDT pairs are among the top contenders. These pairs are traded against Tether (USDT), a stablecoin pegged to the US dollar. The popularity of these pairs can be attributed to the widespread use of Tether as a trading pair and the high liquidity it offers. Traders often prefer these pairs due to their stability and ease of use.
- Dec 18, 2021 · 3 years agoAccording to data from BYDFi, one of the leading cryptocurrency exchanges, the currency pairs with the highest trading volume in the industry are BTC/USDT, ETH/USDT, and ADA/USDT. These pairs are known for their high liquidity and are actively traded by both retail and institutional investors. The BTC/USDT pair, in particular, has consistently maintained its position as the most traded pair due to the popularity of Bitcoin and the widespread use of Tether as a trading pair.
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