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Which cryptocurrencies are included in the index futures market and how are they selected?

avatarHein KronborgDec 26, 2021 · 3 years ago3 answers

Can you provide more details on which cryptocurrencies are included in the index futures market and how they are selected? I'm curious to know the criteria used for selecting these cryptocurrencies and how they are different from other cryptocurrencies.

Which cryptocurrencies are included in the index futures market and how are they selected?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    In the index futures market, the selection of cryptocurrencies is usually based on factors such as market capitalization, trading volume, and liquidity. The most popular and widely traded cryptocurrencies like Bitcoin and Ethereum are often included in the index futures market. However, the specific selection criteria may vary depending on the exchange or platform offering the index futures. It's important to note that the inclusion of a cryptocurrency in the index futures market doesn't necessarily imply its superiority over other cryptocurrencies.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to selecting cryptocurrencies for the index futures market, exchanges and platforms typically consider factors like market demand, stability, and regulatory compliance. They aim to include cryptocurrencies that have a strong market presence and are widely recognized by traders and investors. Additionally, exchanges may also take into account the overall performance and historical data of a cryptocurrency before including it in the index futures market.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, selects cryptocurrencies for its index futures market based on a combination of factors. These factors include market capitalization, trading volume, liquidity, and the overall demand from its user base. BYDFi aims to provide a diverse range of cryptocurrencies that cater to the needs of its traders and investors. The selection process is conducted with utmost care and consideration to ensure the inclusion of high-quality cryptocurrencies in the index futures market.