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Which digital assets are most commonly traded as futures contracts in the cryptocurrency industry?

avatarNexan SoftDec 25, 2021 · 3 years ago3 answers

In the cryptocurrency industry, which digital assets are frequently traded as futures contracts?

Which digital assets are most commonly traded as futures contracts in the cryptocurrency industry?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Bitcoin, Ethereum, and Ripple are among the most commonly traded digital assets as futures contracts in the cryptocurrency industry. These assets have a large market capitalization and high trading volume, making them attractive for futures trading. Traders can speculate on the future price movements of these assets without actually owning them, which offers potential opportunities for profit. It's important to note that the availability of futures contracts may vary across different cryptocurrency exchanges, so traders should check the offerings of their preferred exchange.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to futures contracts in the cryptocurrency industry, Bitcoin is undoubtedly the king. Being the first and most well-known cryptocurrency, Bitcoin futures contracts are widely available on various exchanges. Ethereum, the second-largest cryptocurrency by market capitalization, is also commonly traded as a futures contract. Additionally, some exchanges offer futures contracts for other popular digital assets like Ripple, Litecoin, and Bitcoin Cash. Traders can take advantage of the price volatility of these assets and potentially profit from their futures contracts.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a wide range of futures contracts for digital assets. Bitcoin, Ethereum, Ripple, and other popular cryptocurrencies can be traded as futures contracts on BYDFi. With BYDFi's advanced trading platform and competitive fees, traders can easily access and trade these futures contracts. BYDFi also provides comprehensive educational resources and customer support to assist traders in navigating the world of futures trading. Whether you're a beginner or an experienced trader, BYDFi is a reliable choice for trading digital asset futures contracts.