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TagsWhat are the 8 major currency pairs used in cryptocurrency trading?
Jacques ShebeheNov 24, 2021 · 3 years ago3 answersCan you provide a list of the 8 major currency pairs commonly used in cryptocurrency trading? I'm interested in knowing which currencies are frequently traded against each other in the cryptocurrency market.
3 answers
- Sure! The 8 major currency pairs used in cryptocurrency trading are BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, EOS/USD, XLM/USD, and ADA/USD. These pairs represent the most actively traded cryptocurrencies against the US dollar. Traders often use these pairs to speculate on the price movements of these cryptocurrencies.Nov 24, 2021 · 3 years ago
- The 8 major currency pairs in cryptocurrency trading are BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, EOS/USD, XLM/USD, and ADA/USD. These pairs are considered major because they involve the most popular cryptocurrencies and have high trading volumes. They provide ample liquidity and are widely available on various cryptocurrency exchanges.Nov 24, 2021 · 3 years ago
- When it comes to cryptocurrency trading, the 8 major currency pairs are BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, EOS/USD, XLM/USD, and ADA/USD. These pairs are the most commonly traded combinations and offer a good balance between liquidity and volatility. Traders often focus on these pairs due to their popularity and the availability of market data and analysis tools.Nov 24, 2021 · 3 years ago
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