Which digital currencies fall under the category of marketable securities and which ones are considered non-marketable?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure! Digital currencies that are classified as marketable securities include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have gained significant recognition and acceptance in the financial market, making them highly liquid and tradable. On the other hand, digital currencies like Dogecoin (DOGE) and Cardano (ADA) are considered non-marketable. Although they have their own unique features and communities, they have yet to achieve the same level of market recognition and liquidity as the marketable securities.
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• Dec 16, 2021 · 3 years ago
  Well, when it comes to marketable securities, you can't ignore the big players like Bitcoin and Ethereum. These digital currencies have established themselves as the go-to options for investors and traders. They have a large market capitalization and are widely accepted by various exchanges. On the other hand, non-marketable digital currencies are usually the ones that haven't gained as much traction in the market. They might have potential, but they still have a long way to go in terms of widespread adoption and liquidity.
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• Dec 16, 2021 · 3 years ago
  According to BYDFi, a leading digital currency exchange, the marketable securities in the digital currency space mainly include Bitcoin, Ethereum, Ripple, and Litecoin. These cryptocurrencies have a high trading volume and are widely recognized by investors. On the other hand, non-marketable digital currencies refer to those that have lower trading volume and are less known in the market. It's important to note that the classification of marketable securities may vary among different exchanges, so it's always a good idea to do your own research and consult multiple sources before making any investment decisions.
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