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Which cryptocurrencies are most commonly traded alongside CME heating oil futures quotes?

avatarMuhammad Hussnain BhattiDec 26, 2021 · 3 years ago3 answers

Can you provide a list of the cryptocurrencies that are frequently traded alongside CME heating oil futures quotes?

Which cryptocurrencies are most commonly traded alongside CME heating oil futures quotes?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Some of the most commonly traded cryptocurrencies alongside CME heating oil futures quotes include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies are popular choices for traders looking to diversify their portfolios and take advantage of the volatility in the cryptocurrency market.
  • avatarDec 26, 2021 · 3 years ago
    The cryptocurrencies that are frequently traded alongside CME heating oil futures quotes are primarily the major ones like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. These cryptocurrencies have a large market capitalization and are widely recognized in the industry. Traders often use them as a hedge or speculative investment alongside traditional commodities like heating oil futures.
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, a digital currency exchange, the most commonly traded cryptocurrencies alongside CME heating oil futures quotes are Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. These cryptocurrencies offer liquidity and are well-established in the market. Traders often use them to diversify their portfolios and take advantage of price movements in both the cryptocurrency and commodity markets.