Which cryptocurrencies are most commonly paired with USD/JPY for trading?

Can you provide a list of the cryptocurrencies that are frequently paired with USD/JPY for trading? I'm interested in knowing which digital currencies are commonly traded against the Japanese yen.

3 answers
- Sure! The most commonly paired cryptocurrencies with USD/JPY for trading are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have high trading volumes and are widely accepted in the crypto market. They offer good liquidity and are often used as base currencies for trading against other cryptocurrencies as well. So, if you're looking to trade digital currencies against USD/JPY, these are the ones you should consider.
Mar 20, 2022 · 3 years ago
- When it comes to trading cryptocurrencies against USD/JPY, Bitcoin (BTC) is undoubtedly the most commonly paired digital currency. It has the highest market capitalization and trading volume among all cryptocurrencies. Ethereum (ETH) is also frequently paired with USD/JPY due to its popularity and widespread use in the crypto market. Other cryptocurrencies like Ripple (XRP) and Litecoin (LTC) are also commonly traded against USD/JPY, but they may have lower trading volumes compared to Bitcoin and Ethereum. Overall, these four cryptocurrencies are the most commonly paired with USD/JPY for trading.
Mar 20, 2022 · 3 years ago
- According to data from various cryptocurrency exchanges, the most commonly paired cryptocurrencies with USD/JPY for trading are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have established themselves as the leading digital currencies in the market and have gained significant popularity among traders. They offer a wide range of trading opportunities and are highly liquid, making them ideal choices for trading against USD/JPY. Additionally, these cryptocurrencies have a strong presence in the Japanese market, further contributing to their popularity in USD/JPY trading pairs.
Mar 20, 2022 · 3 years ago
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