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Is it possible to use AUD as a base currency for trading cryptocurrencies against USD?

avatarFatiha MebarkiDec 26, 2021 · 3 years ago3 answers

I'm interested in trading cryptocurrencies against USD, and I'm wondering if it's possible to use AUD as a base currency for this type of trading. Can I trade cryptocurrencies like Bitcoin, Ethereum, or Ripple using AUD as the base currency instead of USD?

Is it possible to use AUD as a base currency for trading cryptocurrencies against USD?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to use AUD as a base currency for trading cryptocurrencies against USD. Many cryptocurrency exchanges offer AUD as a trading pair with various cryptocurrencies. You can check out popular exchanges like Binance, Coinbase, or Kraken, which support AUD trading pairs. Simply deposit your AUD into the exchange and start trading cryptocurrencies against USD using AUD as the base currency.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! AUD can be used as a base currency for trading cryptocurrencies against USD. This opens up opportunities for traders who prefer to use AUD instead of USD. By using AUD as the base currency, you can easily track the value of your investments in your local currency. Just make sure to choose an exchange that supports AUD trading pairs and offers a wide range of cryptocurrencies to trade against USD.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can definitely use AUD as a base currency for trading cryptocurrencies against USD. BYDFi, a popular cryptocurrency exchange, allows users to trade cryptocurrencies using AUD as the base currency. With BYDFi, you can easily buy and sell cryptocurrencies like Bitcoin, Ethereum, or Ripple using AUD. This provides convenience for Australian traders who prefer to use their local currency for trading. Start trading cryptocurrencies against USD with AUD as the base currency on BYDFi today!