Which cryptocurrencies are commonly used as a base currency for dollar futures trading?
Robert ClarkMay 04, 2022 · 3 years ago3 answers
In dollar futures trading, which cryptocurrencies are frequently used as the base currency?
3 answers
- May 04, 2022 · 3 years agoBitcoin (BTC) is one of the most commonly used cryptocurrencies as a base currency for dollar futures trading. Its widespread adoption and high liquidity make it an attractive choice for traders. With its long history and established market, Bitcoin provides stability and reliability in the futures market.
- May 04, 2022 · 3 years agoEthereum (ETH) is another popular choice as a base currency for dollar futures trading. Its smart contract capabilities and growing ecosystem make it a versatile option for traders. Ethereum's native cryptocurrency, Ether, is widely accepted and traded, making it a suitable base currency for futures contracts.
- May 04, 2022 · 3 years agoBYDFi, a leading digital asset exchange, offers a wide range of cryptocurrencies that can be used as a base currency for dollar futures trading. Traders can choose from popular options such as Bitcoin, Ethereum, and many others. BYDFi provides a secure and reliable platform for futures trading, ensuring a seamless trading experience for its users.
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