Which digital currencies are most commonly traded against USD and JPY?
Mon KingMay 10, 2022 · 3 years ago3 answers
Can you provide a list of the most commonly traded digital currencies against USD and JPY?
3 answers
- May 10, 2022 · 3 years agoSure! The most commonly traded digital currencies against USD and JPY include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a high trading volume and are widely accepted on various cryptocurrency exchanges. They are considered as the major players in the market and are often used as a benchmark for other digital currencies.
- May 10, 2022 · 3 years agoWhen it comes to digital currencies traded against USD and JPY, Bitcoin (BTC) is definitely the king. It has the highest trading volume and market capitalization among all cryptocurrencies. Ethereum (ETH) is also a popular choice for traders, known for its smart contract capabilities. Other commonly traded digital currencies against USD and JPY include Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies offer different features and use cases, providing traders with a diverse range of options.
- May 10, 2022 · 3 years agoAs an expert in the cryptocurrency industry, I can confirm that the most commonly traded digital currencies against USD and JPY are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a strong presence in the market and are widely accepted on various exchanges. Traders often use them as a base currency for trading other digital assets. If you're looking to trade digital currencies against USD and JPY, you'll find plenty of liquidity and trading opportunities with these coins.
Related Tags
Hot Questions
- 97
Are there any special tax rules for crypto investors?
- 94
What is the future of blockchain technology?
- 87
How does cryptocurrency affect my tax return?
- 73
How can I minimize my tax liability when dealing with cryptocurrencies?
- 67
What are the advantages of using cryptocurrency for online transactions?
- 57
What are the tax implications of using cryptocurrency?
- 52
What are the best digital currencies to invest in right now?
- 48
How can I protect my digital assets from hackers?