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Which cryptocurrencies are commonly traded as perpetual contracts?

avatarNour AmrDec 27, 2021 · 3 years ago3 answers

What are some cryptocurrencies that are frequently traded as perpetual contracts?

Which cryptocurrencies are commonly traded as perpetual contracts?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Perpetual contracts are a popular trading instrument in the cryptocurrency market. Some of the commonly traded cryptocurrencies as perpetual contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have high liquidity and are widely supported by various cryptocurrency exchanges. Traders can take advantage of the price movements of these cryptocurrencies without actually owning them through perpetual contracts.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to perpetual contracts, Bitcoin (BTC) is undoubtedly the most commonly traded cryptocurrency. Its high market capitalization and widespread adoption make it an attractive choice for traders. Other popular cryptocurrencies traded as perpetual contracts include Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies offer traders the opportunity to speculate on their price movements without actually owning the underlying assets.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we offer perpetual contracts for a wide range of cryptocurrencies. Some of the commonly traded cryptocurrencies on our platform include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). Our platform provides traders with a seamless trading experience and competitive trading fees. Traders can take advantage of the price volatility of these cryptocurrencies and potentially profit from their trading strategies.