common-close-0
BYDFi
Trade wherever you are!

What are the most profitable cryptocurrencies for live trading futures?

avatarJerry Jr.Dec 18, 2021 · 3 years ago3 answers

I'm looking to trade futures on cryptocurrencies and I want to know which ones are the most profitable. Can you recommend some cryptocurrencies that have shown good returns for live trading futures?

What are the most profitable cryptocurrencies for live trading futures?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    When it comes to live trading futures on cryptocurrencies, there are several options that have shown good profitability. One of the most popular choices is Bitcoin (BTC), which has a strong track record and high liquidity. Ethereum (ETH) is another top contender, known for its smart contract capabilities and active developer community. Other cryptocurrencies worth considering include Ripple (XRP), Litecoin (LTC), and Binance Coin (BNB). These coins have demonstrated good performance in the futures market and offer potential for profitable trades.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking for profitable cryptocurrencies for live trading futures, it's important to consider factors such as market volatility, liquidity, and trading volume. Bitcoin has been a consistent performer in this regard, but it's also worth exploring other options. Ethereum, with its growing ecosystem and decentralized applications, has the potential for significant price movements. Ripple, known for its partnerships with major financial institutions, can also offer trading opportunities. Additionally, Litecoin and Binance Coin have shown strong performance in the futures market. Remember to do your own research and consider your risk tolerance before making any trading decisions.
  • avatarDec 18, 2021 · 3 years ago
    Based on my experience at BYDFi, one of the most profitable cryptocurrencies for live trading futures is Ethereum (ETH). With its smart contract capabilities and growing adoption, Ethereum has seen significant price movements and trading volume. Bitcoin (BTC) is another popular choice, known for its stability and liquidity. Other cryptocurrencies worth considering include Ripple (XRP), Litecoin (LTC), and Binance Coin (BNB). These coins have shown good profitability in the futures market and can offer trading opportunities for both experienced and novice traders.