common-close-0
BYDFi
Trade wherever you are!
Markets
Buy Cryptocommon-tiny-triangle-down
Tradecommon-tiny-triangle-down
Derivativeshotcommon-tiny-triangle-down
Trading Bots
Partnershipcommon-tiny-triangle-down
Reward Centercommon-new-0
Halloween Carnival Night
header-more-option
header-global
header-download
header-skin-grey-0

What are the most profitable trading pairs on GDAX?

avatarblossom eseNov 28, 2021 · 3 years ago5 answers

I'm interested in finding out which trading pairs on GDAX are the most profitable. Can you provide some insights on the trading pairs that have historically shown high profitability on GDAX?

What are the most profitable trading pairs on GDAX?
GDAX
Trading Pairs
Profitability

5 answers

  • avatarNov 28, 2021 · 3 years ago
    One of the most profitable trading pairs on GDAX is BTC/USD. Bitcoin has been the most dominant and profitable cryptocurrency for a long time, and trading it against the US dollar can yield significant profits. However, it's important to note that cryptocurrency markets are highly volatile, and profitability can vary depending on market conditions.
  • avatarNov 28, 2021 · 3 years ago
    In my experience, ETH/BTC has been a profitable trading pair on GDAX. Ethereum has shown strong growth and has a large market capitalization, making it an attractive choice for traders. By trading Ethereum against Bitcoin, you can take advantage of price fluctuations and potentially make profitable trades.
  • avatarNov 28, 2021 · 3 years ago
    Based on historical data and market trends, one of the most profitable trading pairs on GDAX is LTC/USD. Litecoin has a strong community and has shown consistent growth over the years. Trading Litecoin against the US dollar can be a profitable strategy, especially during periods of market volatility. However, it's important to conduct thorough research and analysis before making any trading decisions.
  • avatarNov 28, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, has observed that the BTC/ETH trading pair on GDAX has been one of the most profitable. Bitcoin and Ethereum are two of the largest cryptocurrencies by market capitalization, and trading them against each other can provide opportunities for profit. However, it's crucial to stay updated with market news and analysis to make informed trading decisions.
  • avatarNov 28, 2021 · 3 years ago
    When it comes to profitable trading pairs on GDAX, it's important to consider individual trading strategies and risk tolerance. While BTC/USD, ETH/BTC, and LTC/USD have shown profitability in the past, it's crucial to conduct thorough research and analysis before making any trading decisions. Additionally, diversifying your portfolio and considering other trading pairs can also help increase your chances of profitability.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions