Which cryptocurrencies are commonly traded in GME dark pools and why?

3 answers

• Dec 26, 2021 · 3 years ago
  In GME dark pools, some of the commonly traded cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies are popular in dark pools due to their high liquidity, established market presence, and widespread acceptance among traders. Dark pools provide a level of privacy and anonymity, making them attractive for large institutional investors and high-net-worth individuals who prefer to keep their trading activities confidential. Additionally, the large trading volumes in GME dark pools contribute to the liquidity and price stability of these cryptocurrencies.
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• Dec 26, 2021 · 3 years ago
  The cryptocurrencies commonly traded in GME dark pools are primarily Bitcoin (BTC) and Ethereum (ETH). These two cryptocurrencies have the highest market capitalization and trading volumes, making them the preferred choices for institutional investors and traders in dark pools. The popularity of Bitcoin and Ethereum in dark pools can be attributed to their established reputation, global recognition, and widespread adoption. Moreover, the decentralized nature of these cryptocurrencies aligns with the principles of dark pool trading, which emphasizes privacy and confidentiality.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we have observed that Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) are frequently traded in GME dark pools. Bitcoin and Ethereum are well-known cryptocurrencies with high liquidity and market capitalization, making them attractive options for dark pool trading. Binance Coin, on the other hand, is the native cryptocurrency of the Binance exchange and offers various benefits to traders, such as reduced trading fees and access to exclusive features. These cryptocurrencies are commonly traded in GME dark pools due to their strong market presence, liquidity, and the advantages they offer to traders.
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