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What are the most popular cryptocurrencies for CAD and GBP traders?

avatarJOSEPH D WHITENov 24, 2021 · 3 years ago1 answers

Which cryptocurrencies are the most popular among traders in Canada (CAD) and the United Kingdom (GBP)?

What are the most popular cryptocurrencies for CAD and GBP traders?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    As a representative of BYDFi, I can say that the most popular cryptocurrencies for CAD and GBP traders are Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a strong presence in the Canadian and UK markets and are commonly traded against CAD and GBP on various exchanges. Bitcoin is the first and most well-known cryptocurrency, and it is often considered a store of value. Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications. Ripple, on the other hand, is a digital payment protocol that aims to enable fast and low-cost international money transfers. These cryptocurrencies offer a range of options for traders in Canada and the UK, and they are widely accepted by many exchanges and merchants.