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Which digital currency pairs are commonly used in fx spread betting?
Maher BeringApr 24, 2022 · 3 years ago1 answersIn fx spread betting, which digital currency pairs are commonly used for trading? What are the most popular digital currency pairs that traders prefer to bet on? Which cryptocurrencies are considered the best choices for spread betting in the forex market?
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- In the world of fx spread betting, the commonly used digital currency pairs include BTC/USD, ETH/USD, and XRP/USD. These pairs are popular among traders due to their liquidity and market demand. BTC/USD, representing Bitcoin and the US dollar, is the most widely recognized and traded cryptocurrency pair. ETH/USD, representing Ethereum and the US dollar, is also a preferred choice for many traders due to Ethereum's strong market presence and potential for growth. XRP/USD, representing Ripple and the US dollar, offers traders the opportunity to speculate on Ripple's role in the global financial system. These digital currency pairs provide traders with ample opportunities to engage in spread betting and potentially profit from price movements in the forex market.Apr 24, 2022 · 3 years ago
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