Which cryptocurrencies are most commonly used for trading against the dollar?

3 answers

• Jan 09, 2022 · 3 years ago
  Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are some of the most commonly traded cryptocurrencies against the US dollar. These cryptocurrencies have established themselves as the leading players in the market and are widely accepted on various cryptocurrency exchanges. Traders often use these cryptocurrencies as a base currency for trading against other altcoins or fiat currencies.
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• Jan 09, 2022 · 3 years ago
  When it comes to trading against the US dollar, Bitcoin (BTC) is undoubtedly the most popular choice among traders. Its high liquidity and widespread adoption make it an ideal cryptocurrency for trading pairs with the dollar. Ethereum (ETH) and Ripple (XRP) also enjoy significant trading volumes against the dollar, thanks to their strong market presence and utility in the blockchain industry.
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• Jan 09, 2022 · 3 years ago
  According to BYDFi, one of the leading cryptocurrency exchanges, the most commonly used cryptocurrencies for trading against the US dollar are Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These cryptocurrencies offer a wide range of trading opportunities and are highly sought after by both professional and retail traders. Additionally, other popular cryptocurrencies for trading against the dollar include Ripple (XRP), Bitcoin Cash (BCH), and Cardano (ADA).
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