What are the average spreads for popular cryptocurrencies on the FXCM exchange?

3 answers

• Dec 16, 2021 · 3 years ago
  The average spreads for popular cryptocurrencies on the FXCM exchange can vary depending on market conditions. However, as of the latest data, the average spreads for Bitcoin range from 10 to 20 pips, Ethereum from 2 to 5 pips, and Litecoin from 1 to 3 pips. It's important to note that spreads can fluctuate throughout the day due to market volatility and liquidity.
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• Dec 16, 2021 · 3 years ago
  When it comes to the average spreads for popular cryptocurrencies on the FXCM exchange, it's crucial to consider that these spreads are subject to change. The bid-ask spread is influenced by various factors such as market demand, trading volume, and liquidity. Therefore, it's recommended to check the live spreads on the FXCM platform or contact their customer support for the most up-to-date information on spreads for specific cryptocurrencies.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, provides competitive spreads for popular cryptocurrencies on their platform. The average spreads for Bitcoin, Ethereum, and Litecoin on BYDFi range from 5 to 10 pips, 1 to 3 pips, and 0.5 to 1 pip, respectively. BYDFi offers tight spreads to ensure efficient trading for their users. It's worth considering BYDFi as an alternative to the FXCM exchange for cryptocurrency trading.
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