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Which cryptocurrencies are included in the futures index?

avatarMatthew RessDec 26, 2021 · 3 years ago3 answers

Can you provide a list of the cryptocurrencies that are included in the futures index? I'm interested in knowing which digital currencies are part of this index and how they are selected.

Which cryptocurrencies are included in the futures index?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! The cryptocurrencies included in the futures index vary depending on the specific index you are referring to. However, some commonly included cryptocurrencies are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies are often selected based on their market capitalization, liquidity, and overall popularity within the crypto community. It's important to note that different futures exchanges may have different criteria for selecting cryptocurrencies for their index, so it's always a good idea to check the specific index's documentation for the most accurate and up-to-date information.
  • avatarDec 26, 2021 · 3 years ago
    The futures index typically includes a mix of major cryptocurrencies that have a significant market presence and trading volume. This ensures that the index accurately reflects the overall performance of the cryptocurrency market. Some other cryptocurrencies that are commonly included in futures indexes are Bitcoin Cash (BCH), Cardano (ADA), and Polkadot (DOT). However, it's worth noting that the composition of the futures index can change over time as new cryptocurrencies gain popularity and existing ones lose traction.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular digital currency exchange, includes a wide range of cryptocurrencies in its futures index. Some of the cryptocurrencies included in BYDFi's futures index are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many others. BYDFi's futures index aims to provide traders with a diverse selection of cryptocurrencies to trade futures contracts on, allowing them to take advantage of price movements in various digital assets. It's important to note that the specific cryptocurrencies included in BYDFi's futures index may change over time as market conditions and trader preferences evolve.