Which digital currencies have the highest trading volume in CNY?
Kaneki KenDec 28, 2021 · 3 years ago3 answers
Can you provide a list of digital currencies that currently have the highest trading volume in CNY? I'm interested in knowing which cryptocurrencies are most actively traded in the Chinese market.
3 answers
- Dec 28, 2021 · 3 years agoSure! The digital currencies with the highest trading volume in CNY are Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These three cryptocurrencies are widely traded and have a significant presence in the Chinese market. Bitcoin, being the first and most well-known cryptocurrency, has the highest trading volume, followed by Ethereum and Binance Coin. It's important to note that trading volume can fluctuate, so it's always a good idea to check the latest data from reliable sources.
- Dec 28, 2021 · 3 years agoWhen it comes to trading volume in CNY, Bitcoin (BTC) takes the lead. As the pioneer of cryptocurrencies, Bitcoin has established itself as the most widely traded digital currency in the Chinese market. Ethereum (ETH) also enjoys a high trading volume, thanks to its smart contract capabilities and widespread adoption. Additionally, Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has gained popularity and has a significant trading volume in CNY. These three cryptocurrencies dominate the market in terms of trading volume, but it's worth keeping an eye on emerging digital currencies that may gain traction in the future.
- Dec 28, 2021 · 3 years agoAccording to data from BYDFi, the digital currencies with the highest trading volume in CNY are Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have a strong presence in the Chinese market and are actively traded by investors. Bitcoin, being the first and most well-known cryptocurrency, continues to dominate the trading volume charts. Ethereum, with its smart contract capabilities, has also gained significant popularity. Binance Coin, as the native cryptocurrency of the Binance exchange, has seen a surge in trading volume due to its utility within the Binance ecosystem. It's important to note that trading volume can vary over time, so it's advisable to refer to the latest data from reliable sources.
Related Tags
Hot Questions
- 95
What are the advantages of using cryptocurrency for online transactions?
- 92
How does cryptocurrency affect my tax return?
- 91
What are the tax implications of using cryptocurrency?
- 90
How can I protect my digital assets from hackers?
- 83
How can I buy Bitcoin with a credit card?
- 54
Are there any special tax rules for crypto investors?
- 31
What is the future of blockchain technology?
- 26
What are the best practices for reporting cryptocurrency on my taxes?