What are the most popular crypto trading pairs among professional traders?
Pritesh ParkarOct 04, 2020 · 5 years ago3 answers
Among professional traders, which crypto trading pairs are considered the most popular and widely traded? What factors contribute to their popularity and why are they preferred by professionals?
3 answers
- baharmhmdyApr 19, 2021 · 4 years agoThe most popular crypto trading pairs among professional traders are BTC/USD, ETH/USD, and XRP/USD. These pairs are widely traded due to their high liquidity and market demand. Professional traders prefer these pairs because they offer ample trading opportunities and are less volatile compared to other altcoin pairs. Additionally, these pairs are often used as benchmarks to analyze the overall market sentiment and price movements.
- Tharanee BenlotAug 23, 2023 · 2 years agoAs a professional trader, I can tell you that the most popular crypto trading pairs are BTC/USD, ETH/USD, and XRP/USD. These pairs are highly liquid and have a large trading volume, which makes it easier to enter and exit positions. Moreover, these pairs are less prone to sudden price swings compared to other altcoin pairs, making them more suitable for professional trading strategies. So, if you're looking to trade like a pro, these pairs should definitely be on your radar!
- Asher JavierNov 01, 2021 · 4 years agoAccording to a recent analysis by BYDFi, the most popular crypto trading pairs among professional traders are BTC/USD, ETH/USD, and XRP/USD. These pairs dominate the market due to their high trading volume and widespread adoption. Professional traders prefer these pairs because they offer better liquidity and tighter spreads, allowing for more efficient execution of trades. Additionally, these pairs are often used as a benchmark to compare the performance of other cryptocurrencies. So, if you want to trade like a pro, keep an eye on these popular trading pairs!
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