Which cryptocurrencies are commonly used for trading in Japan?

3 answers

• Dec 17, 2021 · 3 years ago
  In Japan, Bitcoin (BTC) is the most commonly used cryptocurrency for trading. It has a long history and is widely accepted by merchants and exchanges. Ethereum (ETH) is also popular among traders in Japan, thanks to its smart contract capabilities and large developer community. Other commonly used cryptocurrencies include Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). These cryptocurrencies offer different features and advantages, providing traders with a diverse range of options for their trading activities in Japan.
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• Dec 17, 2021 · 3 years ago
  When it comes to trading cryptocurrencies in Japan, Bitcoin is definitely the king. It's like the Godzilla of the crypto world here. But don't underestimate the popularity of other coins like Ethereum and Ripple. They have their own loyal fan base and are actively traded on various exchanges in Japan. So, if you're looking to trade cryptocurrencies in Japan, you'll definitely come across Bitcoin, Ethereum, Ripple, and a few other popular coins.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we've noticed that traders in Japan commonly use Bitcoin, Ethereum, and Ripple for their trading activities. These cryptocurrencies have a strong presence in the Japanese market and are widely accepted by exchanges and merchants. However, it's important to note that the cryptocurrency market is highly dynamic and new coins are constantly emerging. So, it's always a good idea to stay updated with the latest trends and developments in the crypto world.
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