What are some good cryptocurrency pairs to trade during the day?
Soulaf ChemacheDec 26, 2021 · 3 years ago3 answers
I'm looking for some advice on which cryptocurrency pairs are good for day trading. Can you recommend any specific pairs that have good liquidity and volatility during the day? I want to make sure I can enter and exit positions quickly. Thank you!
3 answers
- Dec 26, 2021 · 3 years agoSure! One popular cryptocurrency pair for day trading is BTC/USD. Bitcoin has high liquidity and volatility, making it a good choice for day traders. Another option is ETH/USD, which is the pair for Ethereum. Both BTC/USD and ETH/USD are available on most major exchanges and offer good trading opportunities during the day.
- Dec 26, 2021 · 3 years agoWhen it comes to day trading cryptocurrencies, it's important to choose pairs with high trading volumes and price movements. Some other popular pairs for day trading include XRP/USD, LTC/USD, and BCH/USD. These pairs have good liquidity and can provide opportunities for profitable trades throughout the day.
- Dec 26, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers a wide range of cryptocurrency pairs for day trading. Some of the popular pairs on BYDFi include BTC/USD, ETH/USD, XRP/USD, LTC/USD, and BCH/USD. These pairs have good liquidity and volatility, making them suitable for day traders. BYDFi also provides advanced trading tools and features to enhance your trading experience.
Related Tags
Hot Questions
- 97
How does cryptocurrency affect my tax return?
- 91
How can I protect my digital assets from hackers?
- 62
What is the future of blockchain technology?
- 49
Are there any special tax rules for crypto investors?
- 47
What are the best practices for reporting cryptocurrency on my taxes?
- 43
What are the best digital currencies to invest in right now?
- 24
What are the tax implications of using cryptocurrency?
- 10
How can I buy Bitcoin with a credit card?