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Which digital currency pairs are commonly traded in CFD markets?

avatarKarsh SoniDec 25, 2021 · 3 years ago3 answers

Can you provide a list of the most commonly traded digital currency pairs in CFD markets?

Which digital currency pairs are commonly traded in CFD markets?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! Some of the most commonly traded digital currency pairs in CFD markets include BTC/USD, ETH/USD, XRP/USD, and LTC/USD. These pairs represent the trading of Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. They are popular choices among traders due to their high liquidity and volatility.
  • avatarDec 25, 2021 · 3 years ago
    In CFD markets, you'll often find popular digital currency pairs like BTC/USD, ETH/USD, XRP/USD, and LTC/USD. These pairs allow traders to speculate on the price movements of Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Keep in mind that the availability of specific currency pairs may vary across different CFD brokers.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers a wide range of commonly traded digital currency pairs in CFD markets. Some popular options include BTC/USD, ETH/USD, XRP/USD, and LTC/USD. These pairs provide traders with opportunities to profit from the price fluctuations of Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Make sure to conduct thorough research and consider your risk tolerance before engaging in CFD trading.