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What are the most popular cryptocurrency pairs to trade in the London session?

avatarmarktsumiDec 27, 2021 · 3 years ago3 answers

In the London session, which cryptocurrency pairs are the most popular for trading? I am looking for the pairs that have high trading volumes and liquidity during the London session. Can you provide some insights on the most preferred cryptocurrency pairs for trading in this session?

What are the most popular cryptocurrency pairs to trade in the London session?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The most popular cryptocurrency pairs to trade in the London session are BTC/USD, ETH/USD, and XRP/USD. These pairs have high trading volumes and liquidity during the London session, making them attractive options for traders. BTC/USD represents the trading pair of Bitcoin and the US Dollar, ETH/USD represents Ethereum and the US Dollar, and XRP/USD represents Ripple and the US Dollar. These pairs are widely traded due to the popularity and market dominance of Bitcoin, Ethereum, and Ripple. Traders often prefer these pairs as they offer good opportunities for profit and are relatively stable compared to other altcoin pairs.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to trading cryptocurrency pairs in the London session, BTC/USD, ETH/USD, and XRP/USD are the top choices for many traders. These pairs are known for their high liquidity and trading volumes during this session. BTC/USD, representing Bitcoin and the US Dollar, is the most popular pair due to the dominance of Bitcoin in the cryptocurrency market. ETH/USD, representing Ethereum and the US Dollar, is also highly traded as Ethereum is the second-largest cryptocurrency by market capitalization. XRP/USD, representing Ripple and the US Dollar, is another popular pair due to the widespread adoption of Ripple's technology by financial institutions. These pairs offer good trading opportunities and are favored by both experienced and beginner traders.
  • avatarDec 27, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the most popular cryptocurrency pairs to trade in the London session are BTC/USD, ETH/USD, and XRP/USD. These pairs have high trading volumes and liquidity, making them attractive options for traders. BTC/USD represents the trading pair of Bitcoin and the US Dollar, ETH/USD represents Ethereum and the US Dollar, and XRP/USD represents Ripple and the US Dollar. Traders often choose these pairs for trading in the London session due to their stability and potential for profit. It's important to note that the popularity of cryptocurrency pairs may vary depending on market conditions and investor sentiment.