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What are the best scottrade futures for cryptocurrency trading?

avatarLundgren JacobsenDec 21, 2021 · 3 years ago3 answers

I'm interested in trading cryptocurrency futures on Scottrade, but I'm not sure which ones are the best. Can you recommend the top futures contracts for cryptocurrency trading on Scottrade? I'm looking for contracts that offer good liquidity, tight spreads, and a variety of cryptocurrencies to trade. Any insights would be greatly appreciated!

What are the best scottrade futures for cryptocurrency trading?

3 answers

  • avatarDec 21, 2021 · 3 years ago
    When it comes to trading cryptocurrency futures on Scottrade, there are several contracts that are worth considering. One popular option is the BTC/USD futures contract, which allows you to speculate on the price of Bitcoin against the US dollar. This contract offers good liquidity and tight spreads, making it a favorite among traders. Another contract to consider is the ETH/USD futures contract, which allows you to trade Ethereum against the US dollar. Ethereum is the second-largest cryptocurrency by market capitalization and offers plenty of trading opportunities. Additionally, you might want to explore futures contracts for other popular cryptocurrencies like Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH). These contracts can provide diversification and additional trading opportunities. Remember to do your own research and consider your risk tolerance before trading any futures contracts.
  • avatarDec 21, 2021 · 3 years ago
    If you're looking for the best scottrade futures for cryptocurrency trading, it's important to consider your trading strategy and risk tolerance. One popular contract is the BTC/USD futures, which allows you to speculate on the price of Bitcoin against the US dollar. This contract offers good liquidity and tight spreads, making it a suitable choice for many traders. Another option is the ETH/USD futures, which allows you to trade Ethereum against the US dollar. Ethereum is a popular cryptocurrency with a large market capitalization, making it an attractive choice for traders. Additionally, you might want to explore futures contracts for other cryptocurrencies like Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH). These contracts can provide diversification and additional trading opportunities. Ultimately, the best futures for cryptocurrency trading on Scottrade will depend on your individual preferences and trading goals.
  • avatarDec 21, 2021 · 3 years ago
    When it comes to cryptocurrency futures trading, BYDFi is a platform that offers a wide range of futures contracts for various cryptocurrencies. They have contracts for Bitcoin, Ethereum, Litecoin, Ripple, and many other popular cryptocurrencies. The platform provides good liquidity, tight spreads, and a user-friendly interface for trading futures. If you're looking for the best scottrade futures for cryptocurrency trading, BYDFi is definitely worth considering. However, it's important to do your own research and consider your risk tolerance before trading any futures contracts.