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Which digital currencies are most commonly traded against CHF/JPY?

avatarBanuDec 26, 2021 · 3 years ago3 answers

I would like to know which digital currencies are frequently traded against CHF/JPY. Can you provide me with a list of the most commonly traded cryptocurrencies in this trading pair?

Which digital currencies are most commonly traded against CHF/JPY?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The most commonly traded digital currencies against CHF/JPY include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have a high trading volume and are widely accepted in the cryptocurrency market. Traders often use these cryptocurrencies to speculate on the CHF/JPY exchange rate and take advantage of price fluctuations.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to digital currencies traded against CHF/JPY, Bitcoin (BTC) is definitely the most popular one. It has the highest trading volume and is considered the benchmark for other cryptocurrencies. Ethereum (ETH) and Ripple (XRP) are also frequently traded in this pair. Other less commonly traded cryptocurrencies include Litecoin (LTC) and Bitcoin Cash (BCH).
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, a digital currency exchange, the most commonly traded cryptocurrencies against CHF/JPY are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies offer good liquidity and are preferred by traders who want to trade in this trading pair. However, it's important to note that the trading volume and popularity of cryptocurrencies can change over time, so it's always a good idea to stay updated with the latest market trends.