Which cryptocurrencies have the smallest pips spreads?
Kamran AlakbarliDec 13, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies with the smallest pips spreads? I'm looking for cryptocurrencies that have low spreads between the bid and ask prices. Specifically, I want to know which cryptocurrencies offer the tightest spreads for trading. Please include both popular and lesser-known cryptocurrencies in your list.
3 answers
- Dec 13, 2021 · 3 years agoSure! Here are some cryptocurrencies that generally have small pips spreads: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These are some of the most popular cryptocurrencies and tend to have tight spreads due to their high trading volumes and liquidity. However, it's important to note that spreads can vary depending on the exchange and market conditions. So, it's always a good idea to compare spreads across different exchanges before making a decision.
- Dec 13, 2021 · 3 years agoAbsolutely! When it comes to cryptocurrencies with small pips spreads, you can consider Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies are widely traded and have high liquidity, which usually results in tighter spreads. Additionally, some lesser-known cryptocurrencies like Cardano (ADA), Stellar (XLM), and EOS (EOS) also tend to have relatively small spreads. However, it's important to keep in mind that spreads can fluctuate based on market conditions and trading volume, so it's always a good idea to check the spreads on different exchanges before making any trading decisions.
- Dec 13, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, some of the cryptocurrencies with the smallest pips spreads include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have high trading volumes and liquidity, which generally leads to tighter spreads. However, it's worth noting that spreads can vary across different exchanges and market conditions, so it's recommended to compare spreads on multiple platforms to find the best trading opportunities.
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