Which cryptocurrencies are most commonly traded using perpetual contracts?
cangelilloDec 26, 2021 · 3 years ago3 answers
Perpetual contracts have gained popularity in the cryptocurrency market, but which cryptocurrencies are the most commonly traded using this type of contract? Can you provide a list of the top cryptocurrencies that are frequently traded using perpetual contracts?
3 answers
- Dec 26, 2021 · 3 years agoWhen it comes to cryptocurrencies commonly traded using perpetual contracts, Bitcoin (BTC) is undoubtedly the king. As the first and most well-known cryptocurrency, BTC attracts a significant amount of trading volume in the perpetual contract market. Other popular cryptocurrencies traded using perpetual contracts include Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have established themselves as major players in the crypto market and are frequently traded using perpetual contracts due to their liquidity and market demand.
- Dec 26, 2021 · 3 years agoIf you're looking for some altcoins that are commonly traded using perpetual contracts, you might want to consider Cardano (ADA), Polkadot (DOT), Chainlink (LINK), and Binance Coin (BNB). These cryptocurrencies have gained traction in the crypto community and are often included in the perpetual contract offerings of various exchanges. Keep in mind that the popularity of cryptocurrencies traded using perpetual contracts can vary over time, so it's always a good idea to stay updated with the latest market trends.
- Dec 26, 2021 · 3 years agoAt BYDFi, we offer a wide range of perpetual contracts for trading various cryptocurrencies. Our platform supports popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many others. With our user-friendly interface and advanced trading features, you can easily trade these cryptocurrencies using perpetual contracts. Join our platform today and explore the exciting world of cryptocurrency trading!
Related Tags
Hot Questions
- 73
How can I minimize my tax liability when dealing with cryptocurrencies?
- 64
How can I buy Bitcoin with a credit card?
- 56
What is the future of blockchain technology?
- 54
How does cryptocurrency affect my tax return?
- 49
Are there any special tax rules for crypto investors?
- 22
What are the advantages of using cryptocurrency for online transactions?
- 20
How can I protect my digital assets from hackers?
- 16
What are the best practices for reporting cryptocurrency on my taxes?