Which cryptocurrencies are commonly traded using perp contracts?
Anli LiuNov 23, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are frequently traded using perpetual contracts?
3 answers
- Nov 23, 2021 · 3 years agoSure! Some of the most commonly traded cryptocurrencies using perpetual contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). These cryptocurrencies have high liquidity and are popular among traders due to their market capitalization and trading volume.
- Nov 23, 2021 · 3 years agoPerpetual contracts are a type of derivative that allows traders to speculate on the price movement of cryptocurrencies without owning the underlying asset. They are commonly used for trading popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Traders can take advantage of both rising and falling prices to make profits.
- Nov 23, 2021 · 3 years agoAt BYDFi, we offer a wide range of perpetual contracts for popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, and more. Our platform provides traders with advanced trading features and competitive fees. With BYDFi, you can easily trade these cryptocurrencies using perp contracts and take advantage of market opportunities.
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